Cathie Wood's ARK Invest Sells Over 200,000 Shares of Pure Storage

Investing

Published: July 22, 2021 9:15 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 200,000 shares of Pure Storage Inc. (NYSE: PSTG) on Wednesday, as the share price of this fund traded up over 1% in the day’s session. The fund’s share price has greatly improved over the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 220,000 shares of Pure Storage. At Wednesday’s closing price, this would have valued this sale at roughly $4.4 million. This is only a small fraction of the fund’s total holdings. This fund is up 51% over the past 52 weeks.

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

Fund	Ticker	Company	Shares
ARKG	TXG	10X Genomics	6,878
ARKG	ABBV	AbbVie	48,400
ARKG	PSTI	Pluristem Therapeutics	34,425
ARKG	CSTL	Castle Biosciences	8,400
ARKG	CLLS	Cellectis	13,445
ARKG	CDNA	CareDx	53,700
ARKK	TWST	Twist Bioscience	204
ARKK	TCEHY	Tencent	55,000
ARKK	SHOP	Shopify	2,000
ARKK	PSTG	Pure Storage	220,000
ARKK	NVS	Novartis	10,000
ARKQ	NXPI	NXP Semiconductors	7,908
ARKQ	RAVN	Raven Industries	166,409
ARKW	OPEN	Opendoor Technologies	70,000
ARKW	NTDOY	Nintendo	94,300
ARKW	HUYA	Huya	700
ARKW	BEKE	KE Holdings	145,600

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

ALSO READ: 4 Top Aerospace and Defense Stocks to Buy Now Before Q2 Earnings

ALERT: Take This Retirement Quiz Now (Sponsored)

Take the quiz below to get matched with a financial advisor today.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Take the retirement quiz right here.