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Cathie Wood’s Ark Invest Boosts Circle and SpaceX Stakes Following Q2 Earnings
['Oliver Dale']
MoneyCheck
Key HighlightsArk Invest acquired 273,343 Circle shares valued at approximately $17.3 million following the company’s Q2 earnings release.
Cathie Wood’s Ark Invest made significant moves on August 5, acquiring approximately $17.3 million worth of Circle Internet Group shares and nearly $19.7 million in SpaceX stock.
Ark Invest has consistently expanded its Circle stake following the company’s receipt of trust approvals during July.
Previous acquisitions include Circle shares purchased on July 31, May 12, and March 24, according to the firm’s trading disclosures.
SpaceX Stock Purchase Comes After Significant Price DeclineArk Invest distributed its SpaceX purchase of 181,830 shares among ARKK, ARKQ, ARKW, and ARKX.