ARK buys $110 mln Coinbase shares, adding to positions

Reuters2021-04-16

April 15 (Reuters) - Ark funds, managed by celebrity stockpicker Cathie Wood, bought shares of Coinbase worth $110 million, a day after the cryptocurrency exchange's Nasdaq debut, according to the firm's daily trade summary on Thursday.

ARK, which gained prominence last year among retail investors, on Thursday bought a total of 341,186 shares across three funds at Thursday's $322.75 close.

That added to 749,205 purchased according to its Wednesday alert, or $245.9 million at Wednesday's $328.28 close.

The funds added to were its flagship ARK Innovation fund Ark Innovation ETF, its Next Generation Internet ETF and Fintech Innovation ETF.

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Comments

DesmondChin
2021-04-18
DesmondChin
Wow, and we shall follow
JJ CHUA
2021-04-17
JJ CHUA
rocket!
HoSayBo
2021-04-16
HoSayBo
Buy
Alvinwu
2021-04-16
Alvinwu
Like and comment please
Altas
2021-04-16
Altas
Nice
xoxoll
2021-04-16
xoxoll
Help me like and comment
- Acella:
  ?

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