Cathie Wood’s ARK Invest Sells Over $48 Million Worth of Teradyne Stock

One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Tuesday. This fund sold over 415,000 shares of Teradyne Inc. (NASDAQ: TER), as the price of this ETF bounced back slightly on the day. Note that this stock is still up handily in the past year.

It was ARK Innovation ETF (NYSEARCA: ARKK) that sold 417.933 shares of Teradyne. At Tuesday’s closing price, this would have valued this sale at $48.5 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up over 31% in the past 12 months.

Check out all of ARK Invest’s Sells for Tuesday:

FundTickerNameShares
ARKF9923HKYEAHKA132,000
ARKGNVSNOVARTIS94,000
ARKGSMFRSEMA4236,370
ARKGCDXSCODEXIS16,133
ARKGCLLSCELLECTIS4,696
ARKGCRBUCARIBOU BIOSCIENCES275,182
ARKKPRLBPROTO LABS38,881
ARKKNTDOYNINTENDO90,600
ARKKIRDMIRIDIUM COMMUNICATIONS221,000
ARKKTERTERADYNE417,933
ARKQNXPINXP SEMICONDUCTORS52,123
ARKQSNPSSYNOPSYS4,219
ARKWSESEA52,864
ARKWSHOPSHOPIFY7,531
ARKWSQSQUARE21,827
ARKXNVDANVIDIA6,000

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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