Cathie Wood, ARK Invest's chief executive and chief information officer, and her team sold most of their holdings in its five actively managed ETF, according to daily public trading records on Monday. In its transaction notice, ARK said: "all trading activities are designed to raise cash for the annual ETF offering in 2021. This cash raising activity has been completed. "

Specifically, the flagship fund ARK Innovation ETF (ARKK.US) sold 43 stocks, the most important of which included 150000 shares of Palantir (PLTR.US), 90,000 shares of UiPath (PATH.US) and 81000 shares of Robinhood (HOOD.US).

ARK Next Generation Internet ETF (ARKW.US) sold 40 shares, including 140000 shares of Nano Dimension (NNDM.US), 130000 shares of Vuzix (VUZI.US) and 113000 shares of TWTR.US.

ARK Autonomous Technology & Robotics ETF (ARKQ.US), ARK Genomic Revolution Multi-Sector ETF (ARKG.US) and ARK Fintech Innovation ETF (ARKF.US) sold a total of 410000 shares, including VRTX.US.

After making ultra-high returns last year, Casey Wood's five ETF have not performed very well this year. Data show that year-to-date, ARKK is down 21.7%, ARKW is down 14.1%, ARKG is down 33.2%, ARKF is down 15.9%, only ARKQ is positive growth, but only 3.4%.

After a tough 2021, Casey wood said she was ready for 2022 and told investors she believed her strategy would achieve a compound annual return of 30% and 40% over the next five years.