.
The New York-based Ark Invest also snapped up 604,038 shares, estimated to be worth about $29.52 million, in sports betting company
DraftKings Inc (NASDAQ:DKNG).
Shares of the Boston, Massachusetts-based company closed 6.68% higher at $48.88 on Wednesday amid the non fungible token (NFT) marketplace launch.
The popular ETF money manager deployed ARKK and ARKW to buy the shares in DraftKings on Wednesday and also holds the stock via the
Ark Fintech Innovation ETF (NYSE:ARKF).
On a consolidated basis, Ark held 12.48 million shares, worth $571.99 million, in DraftKings, ahead of Thursday’s trade.
Ark Invest also bought 133,258 shares, estimated to be worth about $47 million, in
Bitcoin Crashing Below $30K Not Enough To Deter Cathie Wood — Ark Adds Another $31M In Coinbase, $3 4M In GBTC benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Ark Fintech Innovation ETF (NYSE: ARKF). No other Ark ETF holds shares of Amazon.
Bezos will on Tuesday blast his way into space on the first crewed flight of New Shepard. Blue Origin’s flight to space follows
Virgin Galactic Holdings Inc (NYSE: SPCE), which successfully flew founder Sir Richard Branson to space on July 11.
Some of the other key Ark Invest sells on Monday included
JD.com Inc (NASDAQ: JD),
Tencent Holdings (OTC: TCEHY) and buys included
Magna International (NYSE: MGA).