Cathie Wood’s ARK Invest Sells Over 700,000 Shares of Pure Storage

A couple ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 700,000 shares of Pure Storage Inc. (NYSE: PSTG) on Monday, as the share price of these funds traded down around 1% in the day’s session. Their share prices have greatly improved over the past year.

ARK Genomic Revolution ETF (NYSEARCA: ARKG) sold 100,000 shares of Pure Storage, while ARK Innovation ETF (NYSEARCA: ARKK) sold 600,644 shares. At Monday’s closing price, this would have valued this sale at roughly $13.2 million. This is only a small fraction of the total holdings. ARKG is up 60% over the past 52 weeks, and ARKK is up 57%.

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

FundTickerCompanyShares
ARKFJDJD.Com66,600
ARKGPSTIPluristem Therapeutics1,775
ARKGPSTGPure Storage100,000
ARKGCDNACareDx500
ARKGBMYBristol-Myers Squibb154,834
ARKKTCEHYTencent Holdings352,991
ARKKPSTGPure Storage600,644
ARKKNVSNovartis120,883
ARKWHUYAHuya656,488
ARKWLCLendingClub140,855
ARKWOPENOpendoor Technologies198,519
ARKWPYPLPaypal Holdings43,302
ARKWROKURoku20,600

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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