Cathie Wood Is Selling These 5 Stocks

3. Conformis, Inc. (NASDAQ:CFMS)

ConforMIS is a medical device company that sells personalized knee replacement products, including iUni, iDuo, a custom-made partial knee replacement options. At the end of the June quarter, Cathie Wood’s hedge fund had owned around 13 million shares of the company. The total worth of these shares was $5.5 million. However, this stake was sold during the third quarter.

In September, ConforMIS stock jumped after the company received 510(k) clearance from the U.S. Food and Drug Administration for its Actera hip system. The device uses an advanced tri-taper femur stem design to facilitate a minimally invasive approach similar to direct anterior approach.

A total of 9 hedge funds tracked by Insider Monkey had stakes in the company as of the end of the second quarter.