2023-07-17
On July 15, Cathie Wood fund manager of Ark Invest sold $53 million or 478,356 shares as Coinbase shares reach new high.
Share sale include:
ARK Fintech
Innovation ETF 121,882 shares.
ARK Next Generation Internet ETF sold 93,227 shares.
Flagship ARK Innovation ETF sold 263,247 shares.
Cathie Wood's Ark Invest has been constanly accumulating Coinbase shares. Coinbase shares went up 84.46% over the past one month from $57.09 to $105.31 per share. Cathie Wood sold Coinbase shares to take some profit.