Fintech 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,…