Cathie Wood’s ARK Invest Dumps Nearly $211 Million Worth of Tesla Stock

A few of ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Monday. Specifically, these ETFs sold roughly $211 million worth of Tesla Inc. (NASDAQ: TSLA) altogether, as the prices of these funds were down more than 3% on the day. Note though that they are up a fair amount in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 97,592 shares of Tesla, ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 21,636 shares,and ARK Next Generation Internet ETF (NYSEARCA: ARKW) parted with 63,055 shares. At Monday’s closing price, this would have valued the sales at roughly $210.9 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. These are funds are up between 5% and 28% in the past year.

Check out all the ARK Invest sales for Monday as well:

FundTickerNameShares
ARKFFBFACEBOOK157,892
ARKFOPENOPENDOOR TECHNOLOGIES322,500
ARKFPAGSPAGSEGURO DIGITAL175,826
ARKFPYPLPAYPAL HOLDINGS125,423
ARKGVEEVVEEVA SYSTEMS40,656
ARKGVRTXVERTEX PHARMACEUTICALS95,438
ARKGTAKTAKEDA PHARMACEUTICAL28,133
ARKGREGNREGENERON PHARMACEUTICALS17,100
ARKGINCYINCYTE122,176
ARKGCSTLCASTLE BIOSCIENCES16,703
ARKGCDXSCODEXIS231,042
ARKKTSLATESLA97,592
ARKQLMTLOCKHEED MARTIN6,800
ARKQTSLATESLA21,636
ARKWTSLATESLA63,055
ARKWETSYETSY79,263
ARKWFTCHFARFETCH1,150,248
ARKWFBFACEBOOK115,833
ARKXANSSANSYS2,012

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.

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