The scale of Cathie Wood’s dramatic cull of her big stake in Zillow Group is now clear, two weeks after she bought an initial dip in the beleaguered real estate company.
The ARK Innovation exchange-traded fund (ticker ARKK), Wood’s main product, held fewer than 1,000 shares of Zillow at the close on Wednesday worth just $50,000, according to data compiled by Bloomberg. Earlier this month it owned 7.1 million valued at well over $600 million.
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November 18, 2021 at 08:00PM
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Cathie Wood's Flagship Fund Dumps Almost Every Zillow Share - Bloomberg
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