Ark Funds buy into Meituan, JD.com, Coinbase, sell some Square, Agora, and Intercontinental Exchange
Apr.28,2021

Exchange Traded Fund (ETFs), managed by Cathie Wood's ARK Investment Management, made noticeable stock buyings and sellings on April 27th, according to the latest trading data.

ARK's ETFs bought 284,735 shares of Meituan (3690.HK), 244,800 JD.com Inc (JD:NASDAQ GS) American depositary receipts (ADRs)) and 100,100 Tencent ADRs.

The ETFs also added 144,507 shares of the Silvergate Capital Corporation (NYSE:SI), 85,411 shares of Coinbase (NASDAQ:COIN) and 13,679 shares of Miami-based Jaws Spitfire Acquisition Corp. (NYSE: SPFR).

In addition, Ark's ETFs sold 140,682 shares of Square Inc (SQ:NYSE), 58,997 shares of PACCAR Inc (NASDAQ:PCAR), 29,701 shares of Roku Inc (NASDAQ:ROKU) and 26,261 shares of Nvidia Corp (NASDAQ: NVDA).

ARK Investment Management also reduced its holdings in Agora (NASDAQ:API) by 149,675 shares, Intercontinental Exchange Inc (ICE:NYSE) by 137,200 shares and Facebook, Inc. (NASDAQ:FB) by 265 shares.

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