Two exchange-traded funds run by Cathie Wood’s ARK Investment dumped more shares of Tesla Inc. Wednesday, ARK’s disclosures show. The ARK Autonomous...
Two exchange-traded funds run by Cathie Wood’s ARK Investment dumped more shares of Tesla Inc.
Wednesday, ARK’s disclosures show. The ARK Autonomous Technology & Robotics ETF ARKQ sold 17,967 shares of Tesla on the day, while the ARK Next Generation Internet ETF ARKW shed 10,401 shares, according to the daily trade notifications that ARK publicizes. Together that amounts to $7.3 million in Tesla stock, based on Wednesday’s closing price of $256.24. ARK funds have dumped more than 500,000 shares of Tesla this month.
Wednesday, ARK’s disclosures show. The ARK Autonomous Technology & Robotics ETF ARKQ sold 17,967 shares of Tesla on the day, while the ARK Next Generation Internet ETF ARKW shed 10,401 shares, according to the daily trade notifications that ARK publicizes. Together that amounts to $7.3 million in Tesla stock, based on Wednesday’s closing price of $256.24. ARK funds have dumped more than 500,000 shares of Tesla this month.
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