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Cathie Wood Adds More Coinbase, Skillz, Trims Square

Benzinga2021-04-26

Cathie Wood-led Ark Investment Management on Friday snapped up another 221,167 shares of the cryptocurrency exchange Coinbase Global Inc (NASDAQ:COIN) worth about $64.49 million on the stock’s Friday’s dip and also its fourth-straight loss.

The investment firm’s Ark Innovation ETF (NYSE:ARKK) bought the shares of the company that closed 0.63% lower at $291.60 on Friday, giving the cryptocurrency exchange a market cap of $58.09 billion. Coinbase’s market cap has dropped from $85.8 billion on its blockbuster listing earlier this month.

The New York-based company also added another 3,873 shares of the mobile gaming company Skillz Inc (NYSE:SKLZ),just a day after snapping 1.2 million shares of the stock.

ARKK bought the shares of the company which closed 9.33% higher at $18.17 on Friday.

Skillz is a mobile games platform that enables competitive esports-style play that hosts billions of casual esports tournaments annually.

The investment firm also sold 193,800 shares of the digital payment company Square Inc (NYSE:SQ), estimated to be worth $47.75 million as of its Friday’s close.

Square is among Ark’s top three holdings. ARKK sold the shares of Square representing 0.197% of the ETF.

Ark Invest sold a total of 82,070 shares of the online lending marketplace company LendingTree Inc (NASDAQ:TREE) worth about $18.6 million as of the stock’s Friday’s close.

Two of the New York-based investment firm’s flagship funds made the trade. The Ark Fintech Innovation ETF (NYSE:ARKF) bought 23,470 shares, representing 0.12% of the ETF, and the ARK Next Generation Internet ETF (NYSE:ARKW) bought 58,600 shares, representing 0.19% of the ETF.

The Ark Genomic Revolution ETF (BATS:ARKG) bought 78,639 shares of Ionis Pharmaceutical Co (NYSE:IONS), estimated to be about $3.35 million, representing 0.034% of the ETF.

Ionis shares closed 0.54% higher at $42.69 on Friday.

Other Ark Buys On Friday:

Recursion Pharmaceuticals(NASDAQ:RXRX)

908 Devices(NASDAQ:MASS)

Beam Therapeutics(NASDAQ:BEAM)

Jaws Spitfire Acquisition(NYSE:SPFR)

Niu Technologies(NASDAQ:NIU)

3D Systems(NYSE:DDD)

Iridium Communications(NASDAQ:IRDM)

Other Ark Sells On Friday:

SyrosPharmaceuticals(NASDAQ:SYRS)

Phreesia(NYSE:PHR)

Pluristem Therapeutics(NASDAQ:PSTI)

PACCAR(NASDAQ:PCAR)

Nvidia(NASDAQ:NVDA)

DocuSign(NASDAQ:DOCU)

Pure Storage Inc(NYSE:PSTG)

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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评论19

  • YQ17
    ·2021-04-27
    😃
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  • Pangabui
    ·2021-04-26
    [微笑] [微笑] [微笑] [微笑]
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    收起
    • Sheryl85
      [Strong]
      2021-04-26
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  • noobieq0000
    ·2021-04-26
    .
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  • Milankaka
    ·2021-04-26
    She has been adding coinbase non stop
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    • WendyGoh
      Yes
      2021-04-26
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  • boonk
    ·2021-04-26
    Follow small first
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    • boonk
      Buy skilz
      2021-04-26
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    • boonk
      Buy coin if reach ipo price
      2021-04-26
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  • Veldora
    ·2021-04-26
    Coinbase have potential. Bitcoin and crypto will be future.[财迷] 
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    • boonk
      Yes coin
      2021-04-26
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    • Mourinho10
      Coinbase has potential.
      2021-04-26
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  • russ1122
    ·2021-04-26
    hi
    回复
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  • UNCLEUNCLE
    ·2021-04-26
    [财迷] [财迷] 
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  • stinger77
    ·2021-04-26
    Let's sting them
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  • troedas
    ·2021-04-26
    Nice one
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    • russ1122
      hi
      2021-04-26
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  • henryee18
    ·2021-04-26
    回复
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    • pakthedude
      ARK Invest [得意]
      2021-04-27
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  • LHL0909
    ·2021-04-26
    Wow
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    • jonlien
      behshewjje
      2021-04-26
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  • Hayz
    ·2021-04-26
    Looks like COIN is added constantly, l will follow to buy some.  Monitor the others....Any comments?
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    • Aaronykc
      Keep buying the dip
      2021-04-26
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    • troedas
      Agree
      2021-04-26
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  • jonbeloved
    ·2021-04-26
    Wow
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  • 458fd99c
    ·2021-04-26
    Goo go go
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  • letsgo8
    ·2021-04-26
    Ok
    回复
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    • letsgo8
      Wow
      2021-04-26
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    • 林癸源
      [微笑]
      2021-04-26
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  • haoren
    ·2021-04-26
    Add more coinbase
    回复
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  • qinx
    ·2021-04-26
    Coinbase hmmm
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    • jonlien
      bshwhwheh
      2021-04-26
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  • aazbhsj
    ·2021-04-26
    like n comment pls
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    • hongg
      like and comment on my comment pls
      2021-04-26
      回复
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