Ark Invest adds another $5.2 million worth of Coinbase stock
according to its latest trading documents, ARK Innovation ETF (ARKK) bought 29,353 shares of Coinbase Global Inc. stock, valued at approximately $5.2 million based on Thursday's closing price. The ARKK fund also bought 143,855 shares of Robinhood stock, valued at $5.18 million.
Coinbase's stock price closed down 7.43% at $177.49. According to Google Finance, the stock price of this cryptocurrency exchange has dropped 31% year to date.
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