Cathie Wood's ARK Sells Nearly 600K Shares of Virgin Galactic Holdings (SPCE), Buys more Coinbase (COIN)
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Cathie Wood's ARK Investment active ETFs bought another 456,600 shares of Opendoor (NASDAQ: OPEN), 354,844 shares of TuSimple (NASDAQ: TSP), 727,508 shares of Workhorse Group (NASDAQ: WKHS), 152,542 shares of Peloton (NASDAQ: PTON, and 153,195 shares of Coinbase (NASDAQ: COIN) on Monday, among other trades.
The firm was also a big seller of Virgin Galactic Holdings (NYSE: SPCE), selling 590,804 shares through two ETFs.
ARK discloses its trades daily M-F. The daily trades are not comprehensive lists of a day's trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity. Wood is famous for her ultra-bullish call on Tesla and is regarded as having the hottest hand on the Street currently.
Below is a summary of trades from 04/19/21:
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