Bloomberg

Cathie Wood’s Ark ETFs Sell $139 Million Worth of Tesla Stock

(Bloomberg) — Cathie Wood’s exchange-traded funds have sold some of their Tesla Inc. shares in the past two days, taking advantage of the recent rally as the stock climbs for the third week in a row.The ARK Innovation, ARK Next Generation Internet and ARK Autonomous Technology & Robotics ETFs sold over 180,000 shares on Wednesday and Thursday, according to daily trading updates. At closing prices, that puts the total value at nearly $139 million. The sales amount to around 3% of ARK’s Tesla sta

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