Cathy Wood doesn't know what s

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2023-10-08

Cathy Wood doesn't know what she's doing does she?

Cathie Wood's Ark Sells Tesla Stock For 3rd Straight Session As Week's Disposals Total Whopping $30M

ZINGER KEY POINTSThree of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.Tesla is the top holding of Ark's flagship ETF, the Ark Innovation Fund.Cath

Cathie Wood's Ark Sells Tesla Stock For 3rd Straight Session As Week's Disposals Total Whopping $30M

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Here are the trade details:</p><ul style=\"list-style-type: disc;\"><li><p><strong>Ark Innovation ETF (ARKK)</strong>, the firm’s flagship ETF, sold 14,776 Tesla shares valued at $3.85 billion.</p></li><li><p><strong>ARK Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>sold 820 shares valued at $213,634.60.</p></li><li><p><strong>ARK Next Generation Internet ETF (ARKW) </strong>sold 1,021 shares valued at $266,001.13.</p></li></ul><p>Ark sold Tesla in three of the four sessions of the week, as it divested $25.49 million worth of shares on Wednesday and $27,825.35 shares on Thursday.</p><p style=\"text-align: start;\">The firm sold a total of $30.1 million worth of Tesla shares this week.</p><p style=\"text-align: start;\"><strong>Why It’s Important: </strong>Tesla was in the spotlight this week as the electric vehicle maker reported below-consensus third-quarter deliveries and followed up with another round of price cuts in the U.S. The stock closed the week up 4.1% amid these developments.</p><p style=\"text-align: start;\">ARKK, Ark’s flagship ETF, ended up 1.74% at $39.21, according to Benzinga Pro data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Here are the trade details:</p><ul style=\"list-style-type: disc;\"><li><p><strong>Ark Innovation ETF (ARKK)</strong>, the firm’s flagship ETF, sold 14,776 Tesla shares valued at $3.85 billion.</p></li><li><p><strong>ARK Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>sold 820 shares valued at $213,634.60.</p></li><li><p><strong>ARK Next Generation Internet ETF (ARKW) </strong>sold 1,021 shares valued at $266,001.13.</p></li></ul><p>Ark sold Tesla in three of the four sessions of the week, as it divested $25.49 million worth of shares on Wednesday and $27,825.35 shares on Thursday.</p><p style=\"text-align: start;\">The firm sold a total of $30.1 million worth of Tesla shares this week.</p><p style=\"text-align: start;\"><strong>Why It’s Important: </strong>Tesla was in the spotlight this week as the electric vehicle maker reported below-consensus third-quarter deliveries and followed up with another round of price cuts in the U.S. The stock closed the week up 4.1% amid these developments.</p><p style=\"text-align: start;\">ARKK, Ark’s flagship ETF, ended up 1.74% at $39.21, according to Benzinga Pro data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","ARKK":"ARK Innovation ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190118411","content_text":"ZINGER KEY POINTSThree of Ark funds sold $4.33 worth of Tesla shares this week as it continued with its Tesla selling spree.Tesla is the top holding of Ark's flagship ETF, the Ark Innovation Fund.Cathie Wood-founded Ark Invest sold Tesla, Inc. shares yet again on Friday, even as thestock struggles to break out a recent trading range.What Happened: Three of Ark’s actively managed exchange-traded funds sold Tesla stock on Friday, with the cumulative disposals valued at $4.33 million. Here are the trade details:Ark Innovation ETF (ARKK), the firm’s flagship ETF, sold 14,776 Tesla shares valued at $3.85 billion.ARK Autonomous Technology & Robotics ETF (ARKQ) sold 820 shares valued at $213,634.60.ARK Next Generation Internet ETF (ARKW) sold 1,021 shares valued at $266,001.13.Ark sold Tesla in three of the four sessions of the week, as it divested $25.49 million worth of shares on Wednesday and $27,825.35 shares on Thursday.The firm sold a total of $30.1 million worth of Tesla shares this week.Why It’s Important: Tesla was in the spotlight this week as the electric vehicle maker reported below-consensus third-quarter deliveries and followed up with another round of price cuts in the U.S. The stock closed the week up 4.1% amid these developments.ARKK, Ark’s flagship ETF, ended up 1.74% at $39.21, according to Benzinga Pro data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"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":42,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}