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Ark Invest Adds $6.4 Million Worth of Block Shares Across Three Separate Funds

Cathie Wood's Ark Invest added 92,165 Block shares to three funds on Monday. The purchases were estimated at around $6.4 million. 

Ark Invest added 77,991 Block shares to its Ark Innovation ETF, 13,170 shares to Ark Next Generation Internet and 1,004 shares to the Ark Fintech Innovation ETF, according to its latest trade filing. Shares in Block closed down about 2.2% to $69.46 on Monday. Based on the price at the close, Ark's most recent buys cost around $6.4 million.

(By Adam Morgan McCarthy)

Ark Invest Cathie Wood
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