Cathie Wood’s ARK Investment exchange-traded funds sold more Tesla Inc. stock TSLA on Wednesday, while buying some Meta Platforms Inc. shares META. The ARK Next Generation Internet ETF ARKW sold 28,267 shares of Tesla, which would be valued at $7.98 million at Wednesday’s closing price of $282.48, after that ETF sold 3,491 shares and the ARK Innovation ETF ARKK sold 25,806 shares on Monday. Meanwhile, the ARK Next Generation Internet ETF (ARKW) also bought 5,486 Meta shares, valued at $1.61 million. Among other ARKW trades Monday, the ETF bought 225,186 shares of Genius Sports Ltd. GENI, which just announced an extension of its NFL partnership on Tuesday. The ETF’s purchases also include 93,320 shares of Robinhood Markets Inc. HOOD and 29,038 shares of Roku Inc. ROKU The ARKW ETF has climbed 16.8% over the past three months while the S&P 500 SPX has gained 8.3%. Separately, the ARK Autonomous Tech. and Robotics ETF ARKQ bought 24,066 shares of Advanced Micro Devices Inc. shares AMD while selling 6,489 Nvidia Corp. shares NVDA on Monday.
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