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- jh959jh959
  ·2022-08-10
  Skin out of the game...
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- jh959jh959
  ·2021-09-10
  Rebalancing portfolio
  Cathie Wood Sells $138.5M Tesla Shares In Two Straight Sessions
  The New York-based Ark Invest led by popular money manager Cathie Wood sold a hefty stake in Tesla I
  Cathie Wood Sells $138.5M Tesla Shares In Two Straight Sessions
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On a YTD basis, Tesla shares have risen about 3.4%.</p>\n<p>The investment firm sold a total of 142,708 shares in Tesla on Wednesday, followed by another 40,940 shares on Thursday.</p>\n<p>Ark Invest deployed the A<b>rk Autonomous Technology &amp; Robotics ETF</b>(BATS:ARKQ), the&nbsp;<b>Ark Innovation ETF</b>(NYSE:ARKK) and the&nbsp;<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW) to sell Tesla shares over the 2 days.</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>Each of the three ETFs count Tesla as their largest exposure and held a total of 4.37 million shares — worth $3.3 billion — in the electric vehicle company, ahead of Thursday’s trades. No other Ark ETF owns shares in Tesla.</p>\n<p>Here are some of the other key trades for Ark on Thursday:</p>\n<ul>\n <li>Snapped up 1.05 million shares in&nbsp;<b>UiPath Inc</b>(NYSE:PATH).</li>\n <li>Sold 59,376 shares in&nbsp;<b>Trimble Inc</b>(NASDAQ:TRMB).</li>\n <li>Bought 59,529 shares in&nbsp;<b>Roku Inc</b>(NASDAQ:ROKU).</li>\n <li>Sold 66,402 shares in&nbsp;<b>Iridium Communications Inc</b>(NASDAQ:IRDM).</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","ARKK":"ARK Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKQ":"ARK Autonomous Technology & Robotics ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199538455","content_text":"The New York-based Ark Invest led by popular money manager Cathie Wood sold a hefty stake in Tesla Inc(NASDAQ:TSLA) on Thursday, booking profits in two back-to-back trading sessions as the stock recovered from months of dull performance.\nThe asset manager sold a total of 183,648 shares — estimated to be about $138.5 million — in the Elon Musk-led electric vehicle maker in two straight sessions.\nTesla shares, which have risen about 3% so far this week, closed 0.13% higher at $754.86 a share on Thursday. On a YTD basis, Tesla shares have risen about 3.4%.\nThe investment firm sold a total of 142,708 shares in Tesla on Wednesday, followed by another 40,940 shares on Thursday.\nArk Invest deployed the Ark Autonomous Technology & Robotics ETF(BATS:ARKQ), the Ark Innovation ETF(NYSE:ARKK) and the Ark Next Generation Internet ETF(NYSE:ARKW) to sell Tesla shares over the 2 days.\nWood’s firm holds large bets in Tesla, which it predicts will hit the $3,000 mark at the end of 2025.\nEach of the three ETFs count Tesla as their largest exposure and held a total of 4.37 million shares — worth $3.3 billion — in the electric vehicle company, ahead of Thursday’s trades. No other Ark ETF owns shares in Tesla.\nHere are some of the other key trades for Ark on Thursday:\n\nSnapped up 1.05 million shares in UiPath Inc(NYSE:PATH).\nSold 59,376 shares in Trimble Inc(NASDAQ:TRMB).\nBought 59,529 shares in Roku Inc(NASDAQ:ROKU).\nSold 66,402 shares in Iridium Communications Inc(NASDAQ:IRDM).","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}