Ark Invest Increases Exposure to Circle by $13.7 Million and Trims Position in Robinhood

BlockBeats News, July 10th, Cathie Wood's investment company Ark Invest increased its holdings of Circle Internet Group's stock on Thursday, while selling off some of its Robinhood position.

The latest trading disclosure shows that Ark purchased a total of 217,896 shares of Circle stock through its ARKK, ARKW, and ARKF ETFs, with a value of approximately $13.7 million based on Thursday's closing price of $63.01.

At the same time, Ark sold 85,319 shares of Robinhood stock, worth $9.8 million.