Published: June 28, 2023 at 10:23 pm ET
Two exchange-traded funds operated by Cathie Woods ARK Investment sold 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 lost 10,401 shares, according to daily trading alerts that ARK publishes. Combined, that’s $7.3 million in Tesla shares based on Wednesday’s close of $256.24. ARK funds sold more than 500,000 Tesla shares this month. Meanwhile, the ARK Autonomous Technology & Robotics ETF added 4,576 shares of Advanced Micro Devices…
Two exchange-traded funds operated by Cathie Woods ARK Investment sold 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 lost 10,401 shares, according to daily trading alerts that ARK publishes. Combined, that’s $7.3 million in Tesla shares based on Wednesday’s close of $256.24. ARK funds sold more than 500,000 Tesla shares this month. Meanwhile, the ARK Autonomous Technology & Robotics ETF added 4,576 shares of Advanced Micro Devices Inc. AMD on Wednesday, worth just over $500,000 based on the day’s close of $110.17. This fund also bought 6,542 shares of Taiwan Semiconductor Manufacturing Co. Ltd. TSM, while the Next Generation Internet ETF acquired 20,114 shares. Based on Wednesday’s closing price of $100.92, that equates to just under $2.7 million in shares.