{"id":132408,"date":"2024-07-05T10:00:33","date_gmt":"2024-07-05T07:00:33","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132408"},"modified":"2024-07-04T18:16:37","modified_gmt":"2024-07-04T15:16:37","slug":"ark-invest-sells-15m-tesla-shares-amidst-after-strong-performance","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ark-invest-sells-15m-tesla-shares-amidst-after-strong-performance\/","title":{"rendered":"Ark Invest Sells $15M Tesla Shares Amidst After Strong Performance"},"content":{"rendered":"<p>The move, spread across Ark Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW), saw approximately 63,000 shares sold.<\/p>\n<p>Despite Tesla remaining the largest holding in Ark\u2019s portfolio, comprising 14.6% of ARKK\u2019s assets, the sale has sparked speculation among investors about its implications amidst Tesla\u2019s recent stock price surge.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GRhXJDPWkAAN_zT?format=jpg&amp;name=medium\" alt=\"Cathie Wood Ark Portfolio \"><\/p>\n<p>Tesla\u2019s shares had risen over 10% by the close of trading on the day of the sale, prompting questions about whether Ark\u2019s move was a profit-taking opportunity or part of a broader strategic adjustment.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/germany-transferred-bitcoin-worth-over-75-million\/\" title=\"Germany Transferred Bitcoin Worth Over $75 Million\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/germany-pariament-flag-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Germany Transferred Bitcoin Worth Over $75 Million<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Cathie Wood has been a vocal supporter of Tesla\u2019s long-term prospects, particularly in autonomous driving and AI technologies, despite the recent divestment.<\/p>\n<p>The timing of the sale, coinciding with Tesla\u2019s strong performance, suggests Ark Invest\u2019s intention to manage its investment tactically while maintaining confidence in Tesla\u2019s innovative capabilities and future growth potential.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cathie Wood&#8217;s Ark Invest has made its first sale of Tesla shares in nine months, offloading $15 million worth of the electric vehicle maker&#8217;s stock.<\/p>\n","protected":false},"author":3,"featured_media":132409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-132408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ark Invest Sells $15M Tesla Shares Amidst After Strong Performance<\/title>\n<meta name=\"description\" content=\"Cathie Wood&#039;s Ark Invest has made its first sale of Tesla shares in nine months, offloading $15 million worth of the electric vehicle ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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