Cathie Wood’s Ark Invest made purchases on July 9 by placing a total of 217,896 shares of Circle (CRCL) through three ETFs—ARKK, ARKW, and ARKF—totaling about $13.7 million; at the same time, it sold 85,319 shares of Robinhood (HOOD), worth about $9.8 million. Ark Invest will proactively adjust its ETF holdings to ensure that the weighting of any single stock in a fund’s portfolio does not exceed 10%. (The Block)

CRCL7.08%
HOOD-3.03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned