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Wednesday, 05/12/2021 9:48:02 AM

Wednesday, May 12, 2021 9:48:02 AM

Post# of 76351
Cathie Wood's ARK Invest Sells Over 1.5 Million Shares of Workhorse
By: 24/7 Wall St. | May 12, 2021

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 1.5 million shares of Workhorse Group Inc. (NASDAQ: WKHS) on Tuesday, as the share price of this fund traded up about 2% in Tuesday’s session. The fund’s share price has nearly doubled the past year.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 1,507,061 shares of Workhorse. At Tuesday’s closing price, this would have valued this sale at roughly $12.4 million. This is only a small fraction of the total holdings. This fund is up 91% over the past 52 weeks...

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