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Cathie Wood’s ARK ETFs sold more Tesla stock, while buying Meta shares

Clyde Edgerton by Clyde Edgerton
July 6, 2023
in Markets
Cathie Wood’s ARK ETFs sold more Tesla stock, while buying Meta shares
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Cathie Wood’s ARK Investment exchange-traded funds sold more Tesla Inc. stock TSLA on Wednesday, while buying some Meta Platforms Inc. shares META. The ARK Next Generation Internet ETF ARKW sold 28,267 shares of Tesla, which would be valued at $7.98 million at Wednesday’s closing price of $282.48, after that ETF sold 3,491 shares and the ARK Innovation ETF ARKK sold 25,806 shares on Monday. Meanwhile, the ARK Next Generation Internet ETF (ARKW) also bought 5,486 Meta shares, valued at $1.61 million. Among other ARKW trades Monday, the ETF bought 225,186 shares of Genius Sports Ltd. GENI, which just announced an extension…



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