Cathie Wood's Ark Invest is rapidly shedding Chinese stocks

2021-07-27 07:47:53

According to the latest trading update, Cathie Wood's Ark Invest is quickly selling Chinese stocks from their suite of ETFs.

Ark Invest sold approximately 1.39 million shares of KE Holdings (BEKE) ADR, 970,390 shares of JD.com ADR, 786,175 shares of Pure Storage stock, 629,884 shares of Tencent (TCEHY) ADR, 107,767 shares of Alibaba (BABA) ADR, 13,761 shares of BYD ( BYDDY) ADR, and 116,153 Pinduoduo (PDD) ADR.

Ark Invest bought a net of 583,472 shares of Opendoor Technologies; also bought 506,400 shares of Quantum-Si, 160,633 shares of Zillow Group, 250,353 shares of Teladoc Health, 113,043 shares of Coinbase, and 365,124 shares of Pacific Biosciences of California.

Ark Invest Chinese stock stock exchange

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