Cathie Wooden’s Ark purchased extra Block inventory, price greater than $4 million

Cathie Wooden’s Ark Funding Administration purchased extra Block (SQ) shares on Friday.

Ark’s flagship change traded fund, Ark Innovation ETF (ARKK), bought 50,858 shares in Block, in accordance with an replace from the fund supervisor’s buying and selling desk on Friday.

Its Ark Subsequent Era Web ETF (ARKW) purchased 8,064 shares. Collectively, the purchases had been price round $4.3 million, primarily based on the inventory’s closing worth of about $74 on Friday.

SQ chart by TradingView

Friday’s purchases marked the fourth day prior to now week. The asset supervisor added Block inventory price about $29 million within the earlier three purchases of the week.