Cathie Wood’s ARK Invest Sells Over 675,000 Shares of Galileo Acquisition

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 675,000 shares of Galileo Acquisition Corp. (NYSE: GLEO) on Thursday, as the share price of this fund traded up about 1.5% in the day’s session. Its share price has greatly improved over the past year.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 679,335 shares of Galileo Acquisition. At Thursday’s closing price, this would have valued this sale at roughly $6.8 million. This is only a small fraction of the total holdings. This fund is up 78% over the past 52 weeks.

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

FundTickerCompanyShares
ARKFTCSLITCS GROUP HOLDING PLC56,423
ARKGTAKTAKEDA PHARMACEUTICAL CO LTD483,746
ARKGSRPTSAREPTA THERAPEUTICS INC25,742
ARKGPSTIPLURISTEM THERAPEUTICS INC2,500
ARKGNVSNOVARTIS AG349,532
ARKQGLEOGALILEO ACQUISITION CORP679,335
ARKQRAVNRAVEN INDUSTRIES INC402

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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