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Cathie Wood Keeps Selling Tesla, Unloading $62 Million of Shares

Bloomberg2021-09-16

Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million. The ARK Innovation and...

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Comment48

  • AlvinCWC
    ·2021-09-19
    Is there a so called “active ETF”?Should it be either an active managed funds or just a thematic ETF (passive)?
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  • KH321
    ·2021-09-18
    OK
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  • koolgal
    ·2021-09-17
    Cathie is just taking profits! ?????
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    • CCCH
      yes
      2021-09-17
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    • Dawang
      whenever Cathie unloads and takes profits, they create a frenzy ?
      2021-09-17
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    • koolgal
      Yes indeed ??
      2021-09-17
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  • Jasminephyo
    ·2021-09-17
    Ok
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    • Sataneson
      Ok
      2021-09-17
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    • ocean_wave
      ARK fund rotation..
      2021-09-17
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  • Jac_jk
    ·2021-09-17
    I beg Cathy Wood is selling now to buy back at a lower price. What do you think ? 
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    • SebbyBoy
      Certainly!!!
      2021-09-17
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  • 我i168
    ·2021-09-17
    Simply “actively managed”...[Cool] ...or it is an inflection point? I think it’s the former. [Smile] 
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  • Sylim888
    ·2021-09-17
    Misleading title by Bloomberg. Bad bad reporting. How is 62 million UNLOADING when Ark holds more than 4 billion worth of Tesla stock.
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    • Frosty4ever
      that's what mainstream media do.
      2021-09-17
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  • caius
    ·2021-09-16
    Hmmmm
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  • HeroSmurf
    ·2021-09-16
    Wat r they up to?
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  • Megaverse
    ·2021-09-16
    ?? yes 
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  • TerranceMike
    ·2021-09-16
    Pls like 
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  • tanks09
    ·2021-09-16
    How much more does she hold ? 
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  • BoonHuat
    ·2021-09-16
    Smart trading, fooled ppl into buying, then they sell.
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  • Jialatsia
    ·2021-09-16
    Meep
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  • RonnieSG
    ·2021-09-16
    $62 Million is a small amount as compared to her ttoal holding in TSLA. She has to unload as the $ value of TSLA stocks go up to a certaain value as constrained by the rule of her ETF that no no stock should hold more than a certain amount in value in total. This is positive news instead; you will see that she is also setting up some new ETFs to hold more of TSLA stocks to continue to take advantage of TSLA’s growth in value
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    • fionat
      Good explanation. Irrational traders however will rush to sell after just reading headlines
      2021-09-16
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    • Wenikho
      Ok
      2021-09-16
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    • KLHuat
      Cheers
      2021-09-16
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  • Huathuat23
    ·2021-09-16
    That’s because she’s a mad woman 
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  • james_l
    ·2021-09-16
    Its an active etf so rebalancing is expected.
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    • Syin23
      Yeah
      2021-09-16
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  • Liamo
    ·2021-09-16
    Tell me your opinion about this news...
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    • Bonkie
      Rebalance
      2021-09-16
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  • SerenityMie
    ·2021-09-16
    Like n share pls
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  • kimC
    ·2021-09-16
    Re balance portfolio. 
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