Cathie Wood Sells $66 Million of Tesla Shares, Adds Robinhood

Bloomberg2021-09-15

Wood has unloaded $200 million of Tesla so far this month Adds $10 million to Robinhood as stock trades 43% below peak Cathie Wood’s exchange-traded funds sold $66 million of Tesla Inc. shares ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

dorbymiao
2021-09-16
dorbymiao
I thought Cathie Wood worship Tesla. What has changed?
Tanyl
2021-09-15
Tanyl
Maybe Tesla price will go down

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2167598323?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-09-15 20:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2167598323","market":"us","top_or_hot":-1,"title":"Cathie Wood Sells $66 Million of Tesla Shares, Adds Robinhood","media":"Bloomberg","content":"<div>\n<p>Wood has unloaded $200 million of Tesla so far this month\nAdds $10 million to Robinhood as stock trades 43% below peak\n\nCathie Wood’s exchange-traded funds sold $66 million of Tesla Inc. shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-15/cathie-wood-sells-66-million-of-tesla-shares-adds-robinhood?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Sells $66 Million of Tesla Shares, Adds Robinhood</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Sells $66 Million of Tesla Shares, Adds Robinhood\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 20:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-15/cathie-wood-sells-66-million-of-tesla-shares-adds-robinhood?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wood has unloaded $200 million of Tesla so far this month\nAdds $10 million to Robinhood as stock trades 43% below peak\n\nCathie Wood’s exchange-traded funds sold $66 million of Tesla Inc. shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-15/cathie-wood-sells-66-million-of-tesla-shares-adds-robinhood?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKQ","symbol_name":"ARK Autonomous Technology & Robotics ETF","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-09-15/cathie-wood-sells-66-million-of-tesla-shares-adds-robinhood?srnd=markets-vp","article_id":"2167598323","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2167598323","pubTimestamp":1631709280,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Wood has unloaded $200 million of Tesla so far this month\nAdds $10 million to Robinhood as stock tra","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKK":"ARK Innovation ETF","ARKF":"ARK Fintech Innovation ETF","HOOD":"Robinhood"},"translate_title":"罗宾汉补充说，凯茜·伍德出售了6600万美元的特斯拉股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKF":0.9,"ARKIU":0.9,"ARKK":0.9,"ARKQ":0.9,"HOOD":0.9},"content_text":"Wood has unloaded $200 million of Tesla so far this month\nAdds $10 million to Robinhood as stock trades 43% below peak\n\nCathie Wood’s exchange-traded funds sold $66 million of Tesla Inc. shares Tuesday and picked up more Robinhood Markets Inc. as the retail broker’s dismal stock market performance continues.\nArk Investment Management LLC funds sold almost 89,000 shares in Tesla and added more than 236,000 of Robinhood, according to the firm’s daily trading update. They’ve added about 390,000 Robinhood shares so far this month.\n\nShares in the online brokerage, which became a household name as cooped-up users bet on assets like meme stocks and cryptocurrencies, have fallen 43% from their peak in early August. Ark is the company’s fifth-largest stockholder with just under 1% of the shares.\nArk funds have sold more than a million Tesla shares in the past five months, offloading $200 million this month alone. Still, the Elon Musk-led company is their biggest holding, worth more than $4 billion based on Tuesday’s closing price, according to data compiled by Bloomberg.\nArk’s strategy regularly involves selling some of its winners to invest in other targets. Its stake in Tesla has surged in value in recent months, with shares of the carmaker up 32% from their 2021 low, set in March.\nWood predicted in March that Tesla’s stock would hit $3,000 by 2025, putting its valuation at about $3 trillion. Its current market capitalization is about $746 billion.\nArk’s other trades on Tuesday include buying more of Zoom Video Communications Inc. and Signify Health Inc. and cutting back on LendingClub Corp., Bristol-Myers Squibb Co. and Nintendo Co.\nArk’s daily trading update reflects portfolio changes made by its investment team and excludes creation and redemption activity and public offerings; for this reason it may not fully reflect all of the firm’s trades.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":885331189,"gmtCreate":1631755819641,"gmtModify":1676530626550,"author":{"id":"4093220244813210","authorId":"4093220244813210","name":"dorbymiao","avatar":"https://static.tigerbbs.com/36a7b09dc1d7fdc5a2065eaf815a696e","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":2,"crmLevelSwitch":0},"htmlText":"I thought Cathie Wood worship Tesla. What has changed?","listText":"I thought Cathie Wood worship Tesla. What has changed?","text":"I thought Cathie Wood worship Tesla. What has changed?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885331189","repostId":2167598323,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":882799896,"gmtCreate":1631718486415,"gmtModify":1676530618118,"author":{"id":"4087109808120260","authorId":"4087109808120260","name":"Tanyl","avatar":"https://static.tigerbbs.com/174329973340cf0f5b68791ee5b08afd","vip":1,"crmLevel":9,"crmLevelSwitch":1},"htmlText":"Maybe Tesla price will go down","listText":"Maybe Tesla price will go down","text":"Maybe Tesla price will go down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882799896","repostId":2167598323,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":56,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2167598323"}