Cathie Wood’s Ark Funds Offload Komatsu Shares Before Earnings
- Ark has sold 536,000 Komatsu ADRs and 213,300 shares this week
- Komatsu will announce its first-quarter results on July 29
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Funds controlled by Cathie Wood have been selling shares of Komatsu Ltd. this week ahead of the Japanese machinery maker’s earnings report.
The Ark Autonomous Technology & Robotics ETF offloaded a total of 536,000 American depositary receipts in Komatsu over the three days through Wednesday, while the Ark Space Exploration & Innovation ETF sold 213,300 Tokyo-listed shares of the company, according to data from Wood’s firm compiled by Bloomberg.