Cathie Wood sells big chunk of her Zillow stock after company exits the home-buying business

Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, September 13, 2021.
Brendan McDermid | Reuters

Ark Invest's Cathie Wood sold a big chunk of one of her top positions Wednesday as real-estate company shares of real-estate company Zillow tanked.