Cathie Wood, chief executive of Ark Investment Management, traded familiar names Thursday, purchasing a cryptocurrency exchange and selling a digital entertainment company.
All the valuations below are as of Thursday’s close.
Ark funds bought a whopping 546,579 shares of Coinbase (ຊີຊີ) the largest U.S. cryptocurrency exchange, valued at $29.3 million.
The stock has cratered in recent days amid the weakness in cryptocurrencies. It has dropped 83% year to date. Wood frequently doubles down on her holdings when they fall. Coinbase is the 10th biggest holding in Ark’s flagship Ark Innovation ETF (ARKK) - ໄດ້ຮັບບົດລາຍງານ ETF Innovation ARK.
