ARK Invest’s ARK Innovation exchange-traded fund sold another 62,415 shares of Tesla worth about $16 million, the asset management company founded by Cathie Wood disclosed on Friday evening.
The news of Friday’s stock sale comes after ARK Invest offloaded about 393,000 shares of Tesla (ticker: TSLA) worth almost $100 million from the Innovation ETF (ARKK) and two other funds on Monday.
ARK didn’t respond to a request for comment about Monday’s sales, and the company…
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