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published in Blogs
Sep 16, 2021
Cathie Wood’s Ark Investment sold $61.7 million of Tesla (TSLA, $752.08) shares

Cathie Wood’s Ark Investment sold $61.7 million of Tesla (TSLA, $752.08) shares

On Wednesday, Cathie Wood’s Ark Investment sold 81,600 shares of Tesla amounting to $61.7 million at close. ARK Innovation dumped 70,161 shares, and ARK Next Generation sold 11,448.

ARK ETFs’ total Tesla sales so far this month is $266 million, according to Bloomberg.

After selling some Tesla shares last year, she told CNBC that keeping position sizes in check is “wise portfolio management.”

Related Tickers: TSLA