Ark Invest Adds Block Inc. and Circle Shares in Latest Buying Spree

Ark Invest adds Block Inc. and Circle shares in latest buying spree

Cathie Wood’s Ark Invest has bought about $37.4 million worth of Block Inc. shares after the Jack Dorsey-led fintech company fell nearly 2% in Monday trading. According to Ark Invest’s latest trading disclosure, the investment manager purchased 456,059 Block shares…

Ark spreads $37.4M of Block across three ETFs to stay under its 10% cap

Ark Invest bought 456,059 Block shares worth about $37.4 million on Monday, splitting the buy across ARKK, ARKW and ARKF to hold under its 10% fund cap.

Cathie Wood's Ark Buys $37.4M in Block Stock on the Dip

Why Is Ark Invest Buying More Block Shares? Cathie Wood’s Ark Invest added roughly $37.4 million worth of Block shares on Monday, increasing its exposure to the Jack Dorsey-led fintech company as the stock slipped during the session. Ark purchased 456,059 Block shares across three of its exchange-traded funds: the Ark Innovation ETF, Ark Next Generation Internet ETF and Ark Blockchain & Fintech Innovation ETF. Block closed Monday at $82.02, down…

Cathie Wood’s Ark Invest Buys $37 Million in Bitcoin and Payments Firm Block

Cathie Wood's Ark Invest bought $37.4 million in Jack Dorsey-led Block Inc. shares Monday, spreading the purchase across three actively managed exchange-traded funds. Ark bought 456,059 shares of Block, which trades under the ticker XYZ, according to a trading notification from the investment…

Cathie Wood’s ARK Invest buys $40.8M in crypto stocks

Cathie Wood’s ARK Invest bought an estimated $40.8 million in Block and Circle crypto stocks during the final trading session of August.