Based on the daily trading disclosures from Ark Invest, on July 17, several Ark funds managed by Cathie Wood, often referred to as "Wood Sister," collectively sold 23,573 shares of Advanced Micro Devices (AMD). Given the closing price of $495.76 per share on that day, the total transaction value amounted to roughly $11.7 million. Over the past few months, Wood has been steadily decreasing her stake in AMD, and this selling spree persisted into July. Counting this most recent sale, Ark Invest has disposed of a cumulative total of 137,421 AMD shares throughout July. Calculated at the latest closing price, these shares had a market value of approximately $68.1 million. Notwithstanding Wood's ongoing sales, AMD still holds the position of the eighth-largest holding within the Ark Innovation ETF.
