Asset Management

Cathie Wood’s ARK offloads $19m more in Tesla shares

ARK funds also sell Nvidia and Alphabet shares

A pair of ETFs managed by Cathie Wood’s ARK dumped more Tesla shares on 10 August, continuing with a trend that has stretched on for months.

The ARK Innovation ETF shed 72,631 shares of Tesla, while the ARK Autonomous Technology & Robotics ETF sold 3,794 shares, according to the daily trade disclosures that ARK posts to its website.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line