Ark Invest sold $1.4 million in Coinbase stock on Monday to increase Robinhood stock position
Following the sale of COIN worth $15 million last week, Ark Invest sold 10,218 shares of Coinbase stock worth approximately $1.4 million on Monday. Ark also purchased more Robinhood stock, adding 14,702 shares (worth $140,000) on top of the $3 million worth of HOOD stock purchased last week. Ark sold 2,970 shares of Coinbase stock ($419,000) from its FinTech Innovation ETF and 7,248 shares ($1 million) from its Next Generation Internet ETF. Following the sale of COIN stock worth $5.3 million and $4.9 million respectively on Monday and Wednesday last week, Ark sold 37,377 shares of Coinbase stock ($47 million) on Thursday.
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