Cathie Wood’s ARK Invest Sells Over $14 Million Worth of Zillow Shares

Some ARK Invest exchange-traded funds run by ETF star Cathie Wood sold almost 240,000 shares of Zillow Group Inc. (NASDAQ: Z) on Wednesday. The share price of these ETFs were down over 1% on the day, but they are still up significantly in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 137,214 shares of Zillow, ARK Innovation ETF (NYSEARCA: ARKK) parted with 31,361 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) shed 71,156 shares on Wednesday. At Zillow’s latest closing price, this would have valued the sale at roughly $12.6 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. These funds up between 17% and 30% in the past year.

Here’s a look at all the ARK Invest sales for Wednesday:

FundTickerNameShares
ARKF4689JPZ HOLDINGS1,412,188
ARKFPINSPINTEREST488
ARKFZZILLOW137,214
ARKGTAKTAKEDA PHARMACEUTICAL44,800
ARKKZZILLOW31,361
ARKKUUNITY SOFTWARE159,652
ARKKCOINCOINBASE GLOBAL92,395
ARKQUUNITY SOFTWARE24,700
ARKWSPOTSPOTIFY TECHNOLOGY40,459
ARKWZZILLOW71,156

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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