Cathie Wood’s ARK Invest Sells Nearly 200,000 Shares of Snap

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 200,000 shares of Snap Inc. (NYSE: SNAP) on Tuesday, as the share price of this fund traded down 0.6% in the day’s session. The ETF’s share price has greatly improved over the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) parted with 198,442 shares of Snap. At Tuesday’s closing price, this would have valued this sale at roughly $14.6 million. This is only a small fraction of the total holdings. This fund is up 38% over the past 52 weeks.

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

FundTickerCompanyShares
ARKFSCHWCharles Schwab95
ARKFSNAPSnap198,442
ARKFTCEHYTencent127,693
ARKGMCRBSeres Therapeutics195,680
ARKGCLLSCellectis5,518
ARKGSEERSeer14,000
ARKGRHHBYRoche94,417
ARKGREGNRegeneron Pharmaceuticals22,000
ARKGPSTIPluristem Therapeutics1,500
ARKGNVSNovartis143,100
ARKKNTDOYNintendo69,100
ARKQBYDDYBYD38,038
ARKQTCEHYTencent1,486
ARKQPCARPaccar840
ARKQJDJD.Com152,401
ARKQBZKanzhun94
ARKXRAVNRaven Industries25

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

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