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.

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