Just remember that ARK is an E

2021-08-05

Just remember that ARK is an ETF, Cathy as a fund manager, it is normal for her to optimise her portfolio from time to time. In any case, TSLA will still be the front of her ARK holdings. So there is nothing to be alarmed about ?

Cathie Wood's Ark Invest Sells Another $5.7M In Tesla

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So there is nothing to be alarmed about ?","highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/899907897","repostId":1112520778,"repostType":2,"repost":{"id":"1112520778","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628140432,"share":"https://www.laohu8.com/m/news/1112520778?lang=&edition=full","pubTime":"2021-08-05 13:13","market":"us","language":"en","title":"Cathie Wood's Ark Invest Sells Another $5.7M In Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1112520778","media":"Benzinga","summary":"Cathie Wood-led Ark Invest on Wednesday shed less than half a percent of its position in Elon Musk-l","content":"<p><b>Cathie Wood</b>-led Ark Invest on Wednesday shed less than half a percent of its position in&nbsp;<b>Elon Musk</b>-led&nbsp;<b>Tesla Inc</b>&nbsp;as the shares of the electric vehicle company climbed.</p>\n<p>Ark Invest sold a total of 8,100 shares, estimated to be worth about $5.76 million, in Tesla based on the stock’s closing price of $710.92 on Wednesday.</p>\n<p>Tesla shares have jumped about 4% since Friday when the New York-based&nbsp;Ark Invest sold 63,643 shares,estimated to be worth about $43.7 million in the Palo Alto, California-based company.</p>\n<p>Wood’s firm holds large bets in Tesla which it predicts will hit the&nbsp;$3,000 mark at the end of 2025.</p>\n<p>Just last week, Wood compared Tesla with&nbsp;<b>Apple Inc</b>AAPL 0.28%in an interview with RealVision and had suggested a huge inefficiency in analyst research behind Tesla, as reported by&nbsp;Markets Insider.</p>\n<p>Ark Invest on Wednesday deployed the&nbsp;<b>Ark Next Generation Internet ETF</b>&nbsp;to sell shares in Tesla and also holds positions in the&nbsp;<b>Elon Musk</b>&nbsp;company via two other traded funds, namely, the&nbsp;<b>Ark Autonomous Technology &amp; Robotics ETF</b>&nbsp;and the&nbsp;<b>Ark Innovation ETF</b>.</p>\n<p>Together the three ETFs held about 4.85 million shares, worth $3.4 billion, in Tesla ahead of Wednesday’s trades.</p>\n<p>Some of the other key Ark Invest sells on Wednesday included&nbsp;<b>Square Inc</b>&nbsp;and buys included&nbsp;<b>UiPath Inc</b>.</p>","collect":0,"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's Ark Invest Sells Another $5.7M In Tesla</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; 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Robotics ETF</b>&nbsp;and the&nbsp;<b>Ark Innovation ETF</b>.</p>\n<p>Together the three ETFs held about 4.85 million shares, worth $3.4 billion, in Tesla ahead of Wednesday’s trades.</p>\n<p>Some of the other key Ark Invest sells on Wednesday included&nbsp;<b>Square Inc</b>&nbsp;and buys included&nbsp;<b>UiPath Inc</b>.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKK":"ARK Innovation ETF","ARKW":"ARK Next Generation Internation ETF","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112520778","content_text":"Cathie Wood-led Ark Invest on Wednesday shed less than half a percent of its position in Elon Musk-led Tesla Inc as the shares of the electric vehicle company climbed.\nArk Invest sold a total of 8,100 shares, estimated to be worth about $5.76 million, in Tesla based on the stock’s closing price of $710.92 on Wednesday.\nTesla shares have jumped about 4% since Friday when the New York-based Ark Invest sold 63,643 shares,estimated to be worth about $43.7 million in the Palo Alto, California-based company.\nWood’s firm holds large bets in Tesla which it predicts will hit the $3,000 mark at the end of 2025.\nJust last week, Wood compared Tesla with Apple IncAAPL 0.28%in an interview with RealVision and had suggested a huge inefficiency in analyst research behind Tesla, as reported by Markets Insider.\nArk Invest on Wednesday deployed the Ark Next Generation Internet ETF to sell shares in Tesla and also holds positions in the Elon Musk company via two other traded funds, namely, the Ark Autonomous Technology & Robotics ETF and the Ark Innovation ETF.\nTogether the three ETFs held about 4.85 million shares, worth $3.4 billion, in Tesla ahead of Wednesday’s trades.\nSome of the other key Ark Invest sells on Wednesday included Square Inc and buys included UiPath Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":792,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["JE","ARKK"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":183,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/899907897"}