Cathie Wood's Ark Invest expanded its Block Inc. holdings across three ETFs, underscoring continued commitment to fintech and blockchain-driven innovation.
Cathie Wood's Ark Invest purchased $30.9 million worth of Block Inc. shares on Monday through its ARKK, ARKW, and ARKF ETFs. The acquisition reflects Ark Invest’s ongoing focus on fintech and blockchain innovation. Block shares closed at $80.15, rising 0.77% for the day, up 37.43% over the past six months but down 7.61% year-to-date.