Ark Innovation ETF

According to reports, Ark Invest, an investment management company of Cathie Wood, increased its holdings of 186284 Block shares to three funds, with an estimated purchase amount of 13.7 million US dollars. According to its latest trading documents, 159654 Block shares were added to Ark Innovation ETF, 25783 shares were added to Ark Next Generation Internet ETF, and 847 shares were added to Ark Fintech Innovation ETF. Block closed up 6% yesterday at $73.63, with a purchase amount of approximately $13.7 million based on the closing price. Ark Invest increased its holdings of 186284 shares of Block Company through its three funds Analysis based on this information:Ark Invest, an investment management company founded by Cathie Wood, has increased its holdings in Block by adding 186,284 shares to three different funds. The estimated purchase amount for these shares was $13.7 million, according to the company’s latest trading documents. The three funds that received the additional shares were the Ark Innovation ETF,…

On March 15th, according to Wall Street news, the collapse of a Silicon Valley bank on Friday led to the inflow of $397 million into Cathie Wood’s ARK Innovation ETF (ARKK), a multi-year high. This is the largest inflow of funds since April 2021. Last Friday, the collapse of a Silicon Valley bank caused $397 million of funds to flow into ARKK, hitting a new high since April 2021 Analysis based on this information:The recent news from Wall Street about the collapse of Silicon Valley’s bank has caused quite a stir in the investment community. Friday’s news sent a shockwave through the financial world and led to the inflow of $397 million into Cathie Wood’s ARK Innovation ETF. This marks a multi-year high in fund inflows for the ETF. The impact of the bank’s collapse on the ETF’s inflow is significant. Cathie Wood is a renowned investor in the technology sector, and her firm, ARK Investment Management, has been one…