Cathie Wood’s ARK Invest Sells Over 75,000 Shares of Snap

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 75,000 shares of Snap Inc. (NYSE: SNAP) on Tuesday, as the share price of this fund traded up 0.1% in the day’s session. The fund’s share price has greatly improved over the past year.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 77,407 shares of Snap. At Tuesday’s closing price, this would have valued this sale at roughly $4.7 million. This is only a small fraction of the total holdings. This fund is up 77% over the past 52 weeks.

Here is a quick look at all the other sales that took place across all ARK ETFs:

FundTickerCompanyShares
ARKGPSTIPLURISTEM THERAPEUTICS INC102,899
ARKGTXG10X GENOMICS INC54,314
ARKKSYRSSYROS PHARMACEUTICALS INC913
ARKKONVOORGANOVO HOLDINGS INC496
ARKKICEINTERCONTINENTAL EXCHANGE INC192,142
ARKKHUYAHUYA INC145,900
ARKKDOCUDOCUSIGN INC46,938
ARKQRAVNRAVEN INDUSTRIES INC9,987
ARKQNXPINXP SEMICONDUCTORS NV31,800
ARKQMGAMAGNA INTERNATIONAL INC66,300
ARKQGLEOGALILEO ACQUISITION CORP11,228
ARKQDDD3D SYSTEMS CORP170,407
ARKWRBLXROBLOX CORP81,691
ARKWSNAPSNAP INC77,407
ARKXGRMNGARMIN LTD5,641
ARKXJDJD.COM INC84,885
ARKXSPRSPIRIT AEROSYSTEMS HOLDINGS INC44,545

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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