Cathie Wood Cuts Apple Stake By 30% And Buys Coinbase, DraftKings

The investment firm sold 87,560 Apple shares, worth about $11.1 million, of the 289,630 shares it owned, as of the day’s close via its ARK Innovation ETF (NYSE:ARKF). No other Ark ETF has a position in Apple.

See Also: Cathie Wood Slashes Apple Stake To Half — Also Trims Google, Fastly: What You Need To Know

Shares of the Cupertino, California-based company closed 2.58% lower at $126.85 on Monday and were further down 0.42% in after-hours trading. ARKF shares closed 4.84% lower at $47.02.

The New York-based investment firm snapped up another 33,300 shares, worth about $9.77 million, of cryptocurrency exchange Coinbase via ARKF.

Related link: How To Buy Apple Stock

Coinbase shares closed 11.3% higher at $293.45 on Monday. ARKF held 194,232 shares, worth about $51.2 million, ahead of Monday’s trade.

See Also: DraftKings Stock Investors Pull Back After Q1 Earnings: What Do Analysts Think?

DKNG shares closed 6.36% lower at $45.34 on Monday.

Other Ark Buys On Monday:

Other Ark Sells On Monday:

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