Cathie Wood ARK fund continues to unload Tesla stock with latest $5.7 million sale

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Cathie Wood’s ARK Investment disclosed Wednesday the sale of 20,874 Tesla Inc. shares within its Autonomous Technology and Robotics ETF The value of the sale...

Cathie Wood’s ARK Investment disclosed Wednesday the sale of 20,874 Tesla Inc. shares TSLA within its Autonomous Technology and Robotics ETF ARKQ. The value of the sale was $5.7 million based on Wednesday’s closing price of $271.99. Tesla represents 0.51% of the ETF after Wednesday’s transactions, according to the daily trade notifications that ARK shares publicly. Various ARK ETFs have been unloading shares of Tesla recently.

and the dumping of 2,671 shares of AeroVironment Inc. AVAV

 

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