Cathie Wood's ARK Buys 750K Shares of Coinbase (COIN), Sells 240K Shares of Tesla (TSLA)
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Cathie Wood's ARK Investment active ETFs bought shares of new listing Coinbase (NASDAQ: COIN) on Wednesday. The firm bought 749,205 shares through three ETFs.
The firm also sold 243,115 shares of Tesla (NASDAQ: TSLA) through 2 funds, among other trades.
ARK discloses its trades daily M-F. The daily trades are not comprehensive lists of a day's trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity. Wood is famous for her ultra-bullish call on Tesla and is regarded as having the hottest hand on the Street currently.
Below is a summary of trades from 04/14/21:
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Related EntitiesTesla, ARK
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