T20211126001
2021-08-06
Yes
Cathie Wood's Ark Trims Tesla Stake 2nd Day In A Row, Sells $117M In Elon Musk Company
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The investment management firm also holds a significant position in Tesla via the <b>Ark Autonomous Technology & Robotics ETF</b>.</p>\n<p>Together the three ETFs held about 4.84 million shares, worth $3.43 billion, in Tesla ahead of Thursday’s trades. Tesla’s weight in ARKK and ARKQ is over 11% and in ARKW it is under 11%, as of Wednesday’s trades.</p>\n<p>Some of the other key Ark Invest sells on Wednesday included <b>Square Inc</b> and buys included <b>Roku Inc</b> and <b>UiPath Inc</b>.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Ark Trims Tesla Stake 2nd Day In A Row, Sells $117M In Elon Musk Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Trims Tesla Stake 2nd Day In A Row, Sells $117M In Elon Musk Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-06 14:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Cathie Wood</b>-led Ark Invest on Thursday shed 3.4% of its position in <b>Tesla</b> <b>Inc</b>, the second straight sell as shares of the <b>Elon Musk</b>-led company stayed steady after climbing in the past week.</p>\n<p>Ark Invest sold a total of 163,758 shares, estimated to be worth about $117 million, in Tesla, based on the stock’s closing price of $714.63 on Thursday.</p>\n<p>The popular money manager’s latest sale in Tesla is significantly bigger thanthe one on Wednesday when it shed less than half percent of its total position in the electric vehicle company.</p>\n<p>Shares of the Palo Alto, California-based Tesla have risen about 4% since Friday when the New York-based Ark Invest sold 63,643 shares, estimated to be worth about $43.7 million.</p>\n<p>Wood’s firm holds large bets in Tesla, which it predicts will hit the $3,000 mark at the end of 2025.</p>\n<p>Wood is a long-time Tesla bull and, a week ago, compared Tesla with <b>Apple</b> <b>Inc</b> in an interview with investor <b>Raoul Pal’s</b> RealVision, suggesting a huge inefficiency in analyst research behind Tesla.</p>\n<p>Ark Invest holds the shares in Tesla via three of its active exchange-traded funds but deployed the <b>Ark Next Generation Internet ETF</b> and the <b>Ark Innovation ETF</b> to sell the shares on Thursday. The investment management firm also holds a significant position in Tesla via the <b>Ark Autonomous Technology & Robotics ETF</b>.</p>\n<p>Together the three ETFs held about 4.84 million shares, worth $3.43 billion, in Tesla ahead of Thursday’s trades. Tesla’s weight in ARKK and ARKQ is over 11% and in ARKW it is under 11%, as of Wednesday’s trades.</p>\n<p>Some of the other key Ark Invest sells on Wednesday included <b>Square Inc</b> and buys included <b>Roku Inc</b> and <b>UiPath Inc</b>.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169025355","content_text":"Cathie Wood-led Ark Invest on Thursday shed 3.4% of its position in Tesla Inc, the second straight sell as shares of the Elon Musk-led company stayed steady after climbing in the past week.\nArk Invest sold a total of 163,758 shares, estimated to be worth about $117 million, in Tesla, based on the stock’s closing price of $714.63 on Thursday.\nThe popular money manager’s latest sale in Tesla is significantly bigger thanthe one on Wednesday when it shed less than half percent of its total position in the electric vehicle company.\nShares of the Palo Alto, California-based Tesla have risen about 4% since Friday when the New York-based Ark Invest sold 63,643 shares, estimated to be worth about $43.7 million.\nWood’s firm holds large bets in Tesla, which it predicts will hit the $3,000 mark at the end of 2025.\nWood is a long-time Tesla bull and, a week ago, compared Tesla with Apple Inc in an interview with investor Raoul Pal’s RealVision, suggesting a huge inefficiency in analyst research behind Tesla.\nArk Invest holds the shares in Tesla via three of its active exchange-traded funds but deployed the Ark Next Generation Internet ETF and the Ark Innovation ETF to sell the shares on Thursday. The investment management firm also holds a significant position in Tesla via the Ark Autonomous Technology & Robotics ETF.\nTogether the three ETFs held about 4.84 million shares, worth $3.43 billion, in Tesla ahead of Thursday’s trades. Tesla’s weight in ARKK and ARKQ is over 11% and in ARKW it is under 11%, as of Wednesday’s trades.\nSome of the other key Ark Invest sells on Wednesday included Square Inc and buys included Roku Inc and UiPath Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"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":3,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/893950976"}
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