Cathie Wood’s Ark funds picked up more shares on Friday Coinbase Global Inc. (NASDAQ: COIN), which debuted last week while selling some stocks Tesla Ing (NASDAQ: TSLA).
Here is an overview of the transactions.
- ARK bought 187,078 shares of Coinbase.
- It amounts to almost $ 64 million at the closing price of $ 342.
- The funds are in the flagship ARK Innovation ETF (NYSE: ARKK), as well as in the ARK Next Generation Internet ETF (NYSE: ARKW) and the Ark Fintech Innovation ETF (NYSE: ARKF).
- Ark bought nearly 1 million shares in Coinbase earlier this week. Ark sold 134,541 shares in Tesla, valued at $ 99.5 million at the end of Friday.
- The Tesla shares come from the ARK Innovation Fund and the Next Generation Internet ETF.
- The deals follow a pattern that Ark set on these two stocks earlier this week.
Image: thanks to Coinbase
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