Cathie Wood’s ARK Invest Sells Over 210,000 Shares of ICE

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 210,000 shares of Intercontinental Exchange Inc. (NYSE: ICE) on Wednesday, as the share price of this fund traded up 0.3% 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 215,679 shares of ICE. At Wednesday’s closing price, this would have valued this sale at roughly $24.1 million. This is only a small fraction of the total holdings. This fund is up 81% over the past 52 weeks.

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

FundTickerCompanyShares
ARKFTCS LITCS GROUP HOLDING PLC80,834
ARKGPSTIPLURISTEM THERAPEUTICS INC23,702
ARKGNVSNOVARTIS AG41,594
ARKGGHGUARDANT HEALTH INC9,016
ARKGTXG10X GENOMICS INC49,385
ARKKONVOORGANOVO HOLDINGS INC2,538
ARKQGLEOGALILEO ACQUISITION CORP7,500
ARKQTERTERADYNE INC39,721
ARKWICEINTERCONTINENTAL EXCHANGE INC215,679
ARKXTERTERADYNE INC11,981

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: 2022 Defense Department Budget Bodes Well for 4 Top Stocks to Buy Now


Get Our Free Investment Newsletter

I have read, and agree to the Terms of Use

Source: Read Full Article