Cathie Wood’s ARK Invest Dumps Nearly $112 Million Worth of Tesla Stock

A few ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Monday. Specifically, these funds sold roughly $112 million worth of Tesla Inc. (NASDAQ: TSLA), as the prices of these funds were down around 3% on Monday. Note though that they are up a fair amount in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 81,792 shares of Tesla, ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 31,008 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 30,352 shares. At Monday’s closing prices, this would have valued the sales at roughly $111.9 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. These are funds are each up between 18% and 34% in the past year.

Check out all the ARK Invest sales for Monday as well:

FundTickerNameShares
ARKF9923HKYEAHKA37,200
ARKFSISILVERGATE CAPITAL80,457
ARKFOPENOPENDOOR TECHNOLOGIES343,600
ARKFINTUINTUIT18,147
ARKGVRTXVERTEX PHARMACEUTICALS60,022
ARKGNVSNOVARTIS776
ARKGTAKTAKEDA PHARMACEUTICAL222,743
ARKGSMFRSEMA414,233
ARKGCLLSCELLECTIS115,200
ARKGCRBUCARIBOU BIOSCIENCES1,344
ARKGSDGRSCHRODINGER8,792
ARKGREGNREGENERON PHARMACEUTICALS42,297
ARKKTSLATESLA81,792
ARKKTERTERADYNE475
ARKKSKLZSKILLZ278,800
ARKKPRLBPROTO LABS2,900
ARKKNTDOYNINTENDO32,469
ARKQBYDDYBYD13,708
ARKQTSLATESLA31,008
ARKWTSLATESLA30,352
ARKWSESEA21,848
ARKWPYPLPAYPAL51,269
ARKXBABOEING8,600

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.

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