Cathie Wood’s ARK Now Dumped Nearly 2M Circle Shares
Summary
ARK Invest has sold 1.7 million Circle shares, representing 37% of its initial 4.5 million share purchase. This includes a recent sale of 415,844 shares for $109.6 million. ARK's holdings now stand at 2.6 million Circle shares across its funds. The ARK Innovation ETF (ARKK) sold 306,921 shares, maintaining 1.7 million shares, or 6.8% of its assets. ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) sold 72,302 and 36,621 shares, respectively, holding a combined total of 994,773 shares. The remaining shares are valued at approximately $69.9 million.
