Cathie Wood’s ARK Invest Sells Over 430,000 Shares of Pure Storage

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 430,000 shares of Pure Storage Inc. (NYSE: PSTG) on Thursday, as the share price of this fund traded up over 3% in the day’s session. The fund’s share price has greatly improved over the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 432,641 shares of Pure Storage. At Thursday’s closing price, this would have valued this sale at roughly $7.9 million. This is only a small fraction of the total holdings. ARKK is up 75% 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
ARKF 9923HK YEAHKA LTD 343,600
ARKF TREE LENDINGTREE INC 251
ARKF GWRE GUIDEWIRE SOFTWARE INC 6,000
ARKF AAPL APPLE INC 188
ARKG SYRS SYROS PHARMACEUTICALS INC 45,000
ARKG PSTI PLURISTEM THERAPEUTICS INC 30,499
ARKG BMY BRISTOL-MYERS SQUIBB CO 51,594
ARKG GH GUARDANT HEALTH INC 182,400
ARKK HUYA HUYA INC 369,530
ARKK TREE LENDINGTREE INC 10,321
ARKK TER TERADYNE INC 24,399
ARKK TCEHY TENCENT HOLDINGS LTD 251,846
ARKK SNPS SYNOPSYS INC 34,326
ARKK PSTG PURE STORAGE INC 432,641
ARKK ONVO ORGANOVO HOLDINGS INC 5,705
ARKK NVS NOVARTIS AG 110,405
ARKK NTDOY NINTENDO CO LTD 239,702
ARKK ICE INTERCONTINENTAL EXCHANGE INC 267,813
ARKQ SPCE VIRGIN GALACTIC HOLDINGS INC 3,125
ARKQ NVDA NVIDIA CORP 9,602
ARKQ GLEO GALILEO ACQUISITION CORP 16,562
ARKQ ADSK AUTODESK INC 10,518
ARKW SI SILVERGATE CAPITAL CORP 2,356
ARKW PINS PINTEREST INC 280
ARKW HUBS HUBSPOT INC 4,191
ARKW FSLY FASTLY INC 85
ARKW BIDU BAIDU INC 50
ARKW API AGORA INC 43,087
ARKX WKHS WORKHORSE GROUP INC 300

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.

ALSO READ: Semiconductor Equipment Sell-Off Overdone: Jump on These 5 Stocks Now


Get Our Free Investment Newsletter

I have read, and agree to the Terms of Use

Source: Read Full Article