Cathie Wood-led Ark Investment Management nearly halved the Apple Inc AAPL stake in the ARK Fintech Innovation ETF ARKF on Thursday.

ARKF shed 298,505 Apple shares, worth about $38.73 million, as of the day's close, and continues to hold 292,435 shares.

Apple is now the thirty-seventh largest holding of ARKF among a total of 47 stocks. No other Ark ETF has a position in Apple.

Apple shares closed 1.28% lower at $129.74 on Thursday and have fallen 2.2% so far this year. The maker of iPhones and iPads last year became the first company to hit the $2 trillion market cap and some bulls expect the stock to hit the next $3 trillion market cap later this year.

See Also: When Will Apple's Stock Chart Say 'Buy'?

The New York-based firm also sold 1,349 shares, worth about $3 million, in tech giant Alphabet Inc GOOGL via ARK Space Exploration & Innovation ETF ARKX.

Wood’s firm held about $21 million worth of shares in the Google parent via ARKX ahead of Thursday’s trade,  representing about 3.3% weight of the ETF.

Alphabet shares closed 0.98% higher at $2,337.35 on Thursday.

See also: How To Buy Apple Stock

The investment firm shed a significant stake of 1.46 million shares, worth about $61.9 million, in the cloud software provider company Fastly Inc FSLY via Ark Next Generation Internet ETF ARKW.

Other Ark Buys On Thursday:

• Zillow Group Inc ZG
• Uipath Inc PATH
• Mercadolibre Inc MELI
• JD.Com Inc JD
• Bill.Com Holdings Inc BILL
• Schrodinger Inc SDGR
• Repare Therapeutics Inc RPTX
• 10x Genomics Inc TXG
• Veracyte Inc VCYT
• 908 Devices Inc MASS
• Ionis Pharmaceuticals Inc INOS
• Fate Therapeutics Inc FATE
• CM Life Sciences II Inc CMII
• CareDx Inc CDNA
• Accolade Inc ACCD
• Surface Oncology Inc SURF
• Skillz Inc SKLZ
• Twilio Inc TWLO
• Draftkings Inc DKNG
• Coinbase Global Inc COIN
• Berkeley Lights Inc BLI
• Unity Software Inc U
• Roku Inc ROKU
• Teradyne Inc TER
• Jaws Spitfire Acquisition Corp SPFR
• Kratos Defense & Security Solutions Inc KTOS
• One AONE
• Iridium Communications Inc IRDM
• Experience Investment Corp EXPC
• Twitter Inc TWTR
• Sea Ltd SE

Other Ark Sells On Thursday:

• Intercontinental Exchange Inc ICE
• Silvergate Capital Corp SI
• Marketaxess Holdings Inc MKTX
• HDFC Bank Ltd HDB
• Takeda Pharmaceutical Co Ltd TAK
• Syros Pharmaceuticals Inc SYRS
• Sarepta Therapeutics Inc SRPT
• Roche Holding Ag RHHBY
• Pluristem Therapeutics Inc PSTI
• Phreesia Inc PHR
• Nanostring Technologies Inc NSTG
• Lendingtree Inc TREE
• Regeneron Pharmaceuticals Inc REGN
• Baidu Inc BIDU
• Nintendo Co Ltd NTDOY
• Novartis Ag NVS
• Organovo Holdings Inc ONVO
• Pure Storage Inc PSTG
• Workhorse Group Inc WKHS
• Intuitive Surgical Inc ISRG
• Caterpillar Inc CAT
• Deere & Co DE
• Virgin Galactic Holdings Inc SPCE
• Komatsu Ltd KMTUY
• Pinterest Inc PINS
• Adyen Nv ADYEY
• Crowdstrike Holdings Inc CRWD
• Teledyne Technologies Inc  TDY