ARK buys $110 million Coinbase shares, adding to positions

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ARK, which gained prominence https://www.reuters.com/technology/cathie-woods-ark-funds-bought-246-million-coinbase-shares-2021-04-15 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 https://www.reuters.com/technology/cathie-woods-ark-funds-bought-246-million-coinbase-shares-2021-04-15 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.