Cathie Wood’s Ark Investment Management bought more Block (SQ) shares on Friday.
Ark’s flagship exchange traded fund, Ark Innovation ETF (ARKK), purchased 50,858 shares in Block, according to an update from the fund manager’s trading desk on Friday.
Its Ark Next Generation Internet ETF (ARKW) bought 8,064 shares. Together, the purchases were worth around $4.3 million, based on the stock’s closing price of about $74 on Friday.
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