Cathie Wood’s ARK sells $7 million more in Tesla stock
Published: 28 June 2023 at 10:23 PM ET
Two exchange-traded funds run by Cathie Wood’s ARK Investment dumped more shares of Tesla Inc. TSLA on Wednesday, ARK’s disclosures show. ARK Autonomous Technology & Robotics ETF ARKQ sold 17,967 shares of Tesla on the day, while ARK Next Generation Internet ETF ARKW shed 10,401 shares, according to the daily trade reports published by ARK. Altogether, that amounts to $7.3 million in Tesla stock, based on Wednesday’s closing price of $256.24. ARK-fond has dumped more than 500,000 shares in Tesla this month. Meanwhile, ARK Autonomous Technology & Robotics ETF added 4,576 shares in Advanced Micro Devices…
Two exchange-traded funds run by Cathie Wood̵[ads1]7;s ARK Investment dumped more shares in Tesla Inc.
TSLA
Wednesday, ARK’s disclosures show. ARK Autonomous Technology & Robotics ETF
ARCHQ
sold 17,967 shares in Tesla on the day, while the ARK Next Generation Internet ETF
ARKW
dispose of 10,401 shares, according to the daily trading reports that ARK publishes. Altogether, that amounts to $7.3 million in Tesla stock, based on Wednesday’s closing price of $256.24. ARK-fond has dumped more than 500,000 shares in Tesla this month. Meanwhile, ARK Autonomous Technology & Robotics ETF added 4,576 shares in Advanced Micro Devices Inc.
AMD
Wednesday, worth just over $500,000 based on today’s closing price of $110.17. The fund also acquired 6,542 shares in Taiwan Semiconductor Manufacturing Co. Ltd.
TSM
,
while the Next Generation Internet ETF fetched 20,114 shares. That’s just $2.7 million in stock, based on Wednesday’s close of $100.92.
