Cathie Wood’s ARK Invest Dumps Another Million Shares of JD.com

Some ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Tuesday. Specifically, these funds sold nearly a million shares of JD.com Inc. (NASDAQ: JD) altogether, as the price of these funds were all down over 2% on the day. Note though that these funds are each up a fair amount in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 259,873 shares of JD.com, while Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 324,068 shares and ARK Next Generation ETF (NYSEARCA: ARKW) sold 405,495 shares. At Tuesday’s closing price, this would have valued these sales at roughly $64.1 million. Even though this is a small fraction of the total holdings, every little bit counts. The ARKF and ARKQ are up 46% each in the past year. ARKW is up over 52%.

Check out all of ARK Invest’s sales for Tuesday as well:

FundTickerCompanyShares
ARKFWDAYWORKDAY81,618
ARKF1833HKPING AN HEALTHCARE AND TECHNOLOGY2,097,800
ARKFPDDPINDUODUO182,575
ARKFJDJD.COM259,873
ARKF3690HKMEITUAN1,257,639
ARKGTAKTAKEDA PHARMACEUTICAL119,671
ARKGTXG10X GENOMICS57,031
ARKGSEERSEER176,617
ARKGRHHBYROCHE HOLDING38,100
ARKGNVSNOVARTIS47,098
ARKGCLLSCELLECTIS3,150
ARKGCDNACAREDX18,950
ARKGBMYBRISTOL-MYERS SQUIBB124,113
ARKKTXG10X GENOMICS42,689
ARKKTWSTTWIST BIOSCIENCE9,600
ARKKSKLZSKILLZ537,196
ARKQPCARPACCAR69,400
ARKQJDJD.COM324,068
ARKQBZKANZHUN236,700
ARKQBYDDYBYD80,951
ARKQBIDUBAIDU116,556
ARKWBZKANZHUN775,783
ARKWNFLXNETFLIX21,937
ARKWTCEHYTENCENT284,600
ARKWJDJD.COM405,495
ARKWPDDPINDUODUO726,516
ARKWNTDOYNINTENDO43,140
ARKX2618HKJD LOGISTICS3,133,785
ARKXTCEHYTENCENT67,800

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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