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Related: About this forumCathie Wood's Ark Dumps 3.9 Million Zillow Shares
Bloomberg
Cathie Woods Ark Dumps 3.9 Million Zillow Shares
Georgina Mckay
Wed, November 3, 2021, 11:12 PM
In this article:
ZG
-22.95%
(Bloomberg) -- Cathie Woods exchange-traded funds sold 3.9 million shares in Zillow Group Inc. on Wednesday as the stocks rout deepened -- a day after buying 288,813 of the securities.
Zillows stock has suffered as investors question its strategic goal of shifting from a company known for real estate listings to one that gets a bigger piece of the lucrative business around property transactions.
Arks daily trading updates provided figures for the portfolio changes without specifying buying and selling prices. They only show active decisions by the management team and dont include creation or redemption activity caused by investor flows. For that reason, the firms exact trading activity may vary.
{snip}
Cathie Woods Ark Dumps 3.9 Million Zillow Shares
Georgina Mckay
Wed, November 3, 2021, 11:12 PM
In this article:
ZG
-22.95%
(Bloomberg) -- Cathie Woods exchange-traded funds sold 3.9 million shares in Zillow Group Inc. on Wednesday as the stocks rout deepened -- a day after buying 288,813 of the securities.
Zillows stock has suffered as investors question its strategic goal of shifting from a company known for real estate listings to one that gets a bigger piece of the lucrative business around property transactions.
Arks daily trading updates provided figures for the portfolio changes without specifying buying and selling prices. They only show active decisions by the management team and dont include creation or redemption activity caused by investor flows. For that reason, the firms exact trading activity may vary.
{snip}
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Cathie Wood's Ark Dumps 3.9 Million Zillow Shares (Original Post)
mahatmakanejeeves
Nov 2021
OP
Legg Mason Capital Management Value Trust did pretty well for a while. Bill Miller loved WaMu.
mahatmakanejeeves
Nov 2021
#2
Tomconroy
(7,611 posts)1. She wasn't doing very well this year the last I heard. Maybe not
the next Bill Miller.
mahatmakanejeeves
(57,489 posts)2. Legg Mason Capital Management Value Trust did pretty well for a while. Bill Miller loved WaMu.
And then the bottom fell out.
Full disclosure: yeah, I bought shares of WaMu too. I did not own any LMCMVT.
trof
(54,256 posts)3. I didnt know zillow HAD a stock.
I think their home price estimates are too high.
According to them, my home tops out at one mil.
I would take that in a New York minute and leave the furniture.