Cathie Wood’s ARK Invest Sells for 6\/11

ARK Invest funds mostly posted gains of less than 1% on Friday as the Nasdaq rose by less than 0.5% while the Dow and the S&P 500 closed with even smaller gains.

ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.

Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.

While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major sells that ARK Invest executed on June 11, 2021. Also, check out all the ARK Invest buys that took place today.

The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $3.99 billion. Here is the only trade Friday in this fund: No Sells.

ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings include the likes of Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.44 billion. Here are Friday’s sales in this fund: Sell 31,398 shares of Pluristem Therapeutics and 14,000 of Guardant Health.

ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $22.28 billion. Here are some notable trades in this fund: Sell 461,297 shares of Pure Storage and Sell 124,596 shares of Novartis.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.33 billion. Here are two trades of note in this fund: Sell 25,456 shares of Galileo Acquisition and 24,235 shares of Raven Industries.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.9 billion. Here the only Friday trade in this fund: Sell 750 shares of Intercontinental Exchange.

Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is primarily focused on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63 million. Trades worth noting in this fund: No Sells.

FUNDDirectionTickerNameShares
ARKGSellGHGUARDANT HEALTH INC14000
ARKGSellPSTIPLURISTEM THERAPEUTICS INC31398
ARKKSellPSTGPURE STORAGE INC461297
ARKKSellNVSNOVARTIS AG124596
ARKKSellHUYAHUYA INC189
ARKQSellGLEOGALILEO ACQUISITION CORP57015
ARKQSellRAVNRAVEN INDUSTRIES INC24235
ARKWSellICEINTERCONTINENTAL EXCHANGE INC750

Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.


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