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Cathie Wood sells $40.6 million of popular semiconductor stock
Key takeaways
- Semiconductor stocks experienced a major market pullback on May 15, with the i Shares Semiconductor ETF (SOXX) dropping roughly 4%.
- In 2025, Wood’s flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of 17.88% in the same period.
- Wood gained a reputation after the Ark Innovation ETF delivered a 153% return in 2020.
Cathie Wood sells $40.6 million of popular semiconductor stock Silin Chen Sun, May 17, 2026 at 6:23 AM GMT+7 5 min read ARKK ^GSPC Cathie Wood, chief of Ark Investment Management, is known for actively trading her holdings, sometimes selling stocks during sharp market pullbacks.
Semiconductor stocks experienced a major market pullback on May 15, with the i Shares Semiconductor ETF (SOXX) dropping roughly 4%. Amid that sell-off, Wood sold millions of dollars worth of shares in one chipmaker company.
In 2025, Wood’s flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of 17.88% in the same period. So far this year, Wood’s flagship Ark Innovation ETF (ARKK) was down 3.81%, trailing the S&P 500’s gain of more than 8%.
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