ARK Invest by Cathie Wood sells on 05/27 – 24/7 Wall St.
ARK Invest investors saw another day of gains on Thursday, although general markets were fairly stable except for the Dow Jones industrial average up 0.4%. ARKW and ARKX had the best performances of the group, with exchange-traded funds up 0.9%, while ARKF and ARKG did the worst, up just 0.6%. Last year’s gains are slowly fading away, but Cathie Wood may have something up her sleeve as she constantly shifts her ETFs to withstand market head winds.
ARK Invest has been the talking point on Wall Street for the past two years, outperforming the market and solidifying its place among the big players in the investment world. Wood is the founder and director of this investment house, and many have compared his rising star to people like Warren Buffett.
Many traders are looking to mirror the games of famous investors and huge brokerage firms to capitalize on the wins that big dogs are making. Lucky for us, ARK Invest publishes a list of its trades at the end of each trading day.
While some companies would need a subscription service or a monetary fee to see what drives ARK Invest, here at 24/7 Wall St., we would rather give you the data for free. Here is an overview of some of the main sales made by ARK Invest on May 27, 2021. Also check out all of the ARK Invest purchases that took place today.
The ARK Fintech Innovation ETF (NYSEARCA: ARKF) primarily deals with booming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal, and Alibaba. The fund’s net assets are currently $ 4.2 billion. Here are some notable transactions in this fund: Sell 1,583,300 shares of Zhongan Online.
ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the focus is usually on healthcare and technology-changing companies in this area. Bigger titles include Pacific Biosciences, Teladoc Health, CRISPR, and Fate Therapeutics. The fund’s net assets are currently $ 9.6 billion. Here are some notable transactions in this fund: Sell 13,623 shares of Pluristem Therapeutics and sell 10,100 shares of Takeda Pharma.
ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the main focus is on technology. Some of the biggest names are part of this fund, including Tesla, Roku, Square, Zillow, and Spotify. The net assets of this fund are currently $ 23.1 billion. Here are some notable transactions in this fund: Sell 16,866 Organovo shares, sell 268,800 Huya shares and sell 80,000 Syros Pharma shares.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) focuses, unsurprisingly, on companies active in the field of autonomous technology and robotics, especially those that innovate in disruptive ways. The big names in this fund are Tesla, Alphabet, JD.com, Baidu and Iridium. The net assets of this fund are currently $ 3.3 billion. Here are some transactions to note in this fund: Sell 11,957 shares of Galileo and sell 5,900 shares of Aerovironment.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) focuses on companies that innovate disruptively as part of the next generation of the Internet. Some names of this fund are similar to others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook, and Snap. The net assets of this fund are currently $ 6.6 billion. Here are some notable transactions in this fund: Sell 244,254 ICE shares.
Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) mainly focuses on companies developing technologies around spaceflight. The big names in this fund are Trimble, Kratos, Nvidia, Amazon and Iridium. The net assets of this fund are currently $ 63.3 million. Professions to note in this fonds: Sell 13,600 shares of Raven Industries.
Discover all the sales here:
|ARKF||To sell||6060HK||ZHONGAN ONLINE P&C ASSURANCE CO LTD||1,583,300|
|ARKG||To sell||PSTI||PLURISTEM THERAPEUTICS INC||13 623|
|ARKG||To sell||TAK||TAKEDA PHARMACEUTICAL CO LTD||10,100|
|ARKK||To sell||ONVO||ORGANOVO HOLDINGS INC||16,866|
|ARKK||To sell||HUYA||HUYA INC||268,800|
|ARKK||To sell||SYRS||SYROS PHARMACEUTICALS INC||80,000|
|ARKQ||To sell||GLEO||GALILEO ACQUISITION CORP||11 957|
|ARKQ||To sell||AVAV||AEROVIRONMENT INC||5,900|
|ARKW||To sell||ICE CREAM||INTERCONTINENTAL EXCHANGE INC||244,254|
|ARKX||To sell||RAVN||RAVEN INDUSTRIES INC||13,600|
Catherine Wood, CEO and CIO of ARK Investment Management LLC, is a minority and non-voting shareholder of 24/7 Wall St., owner of 247wallst.com.