Cathie Wood Sells More Tesla Shares And Buys Dip In These 3 Social Media Stocks

Cathie Wood-led investment management firm Ark Invest on Monday booked more profit in $Tesla(TSLA.US)$ as the electric vehicle maker’s stock soared higher to cross the $1 trillion market capitalization.Ark Invest sold 22,598 shares — estimated to be worth $23.16 million — in Tesla, based on its Monday’s closing price, via the $ARK Next Generation Internet ETF(ARKW.US)$ .

Here are a few other key Ark Invest trades from Monday:
Sold 336,715 shares — estimated to be worth $17.06 million — in $Pinterest(PINS.US)$ on the day shares of the company sank 12.71% to $50.68 a share.
Sold 157,938 shares — estimated to be worth $38.99 million — in $PayPal(PYPL.US)$ on the day shares of the online payments company closed 2.7% higher at $246.88 a share.
Bought 462,490 shares — estimated to be worth $25.2 million — in $Snap Inc(SNAP.US)$ on the dip. Shares of the photo and video sharing app closed 1.16% lower at $54.5 a share on Monday.
Bought 103,155 shares — estimated to be worth $6.40 million — in $Twitter (Delisted)(TWTR.US)$ on the day shares of the company closed 0.21% lower at $62.11 a share. Twitter shares are down 4.65% in the past five days.