Cathie Wood’s ARK Invest Sells Over $93 Million Worth of Meta Stock

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 270,000 shares of Meta Inc. (NASDAQ: FB) shares on Monday, as the prices of these ETFs lost over 4% in Monday’s session. These funds are up significantly in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 157,892 shares of the company formerly known as Facebook, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) parted with 115,833 shares. At Monday’s closing price, this would have valued these sales at roughly $93.3 million. This is only a small fraction of the total holdings. These funds are up between 6% and 15% over the past 52 weeks.

Here are all the ARK Invest sales for Monday:

FundTickerNameShares
ARKFFBFACEBOOK157,892
ARKFOPENOPENDOOR TECHNOLOGIES322,500
ARKFPAGSPAGSEGURO DIGITAL175,826
ARKFPYPLPAYPAL HOLDINGS125,423
ARKGVEEVVEEVA SYSTEMS40,656
ARKGVRTXVERTEX PHARMACEUTICALS95,438
ARKGTAKTAKEDA PHARMACEUTICAL28,133
ARKGREGNREGENERON PHARMACEUTICALS17,100
ARKGINCYINCYTE122,176
ARKGCSTLCASTLE BIOSCIENCES16,703
ARKGCDXSCODEXIS231,042
ARKKTSLATESLA97,592
ARKQLMTLOCKHEED MARTIN6,800
ARKQTSLATESLA21,636
ARKWTSLATESLA63,055
ARKWETSYETSY79,263
ARKWFTCHFARFETCH1,150,248
ARKWFBFACEBOOK115,833
ARKXANSSANSYS2,012

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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