Cathie Wood Cuts Apple Stake Almost Entirely — And Buys More Coinbase

Cathie Wood-led Ark Investment Management on Monday shed nearly all of its stake in Apple Inc AAPL and continued to snap up shares of Coinbase Global Inc COIN.

Ark sold 188,455 shares, worth about $23.8 million in Apple. After Monday's sale, the investment firm now holds a little under 3,000 shares in the Cupertino, California-based company via the ARK Fintech Innovation ETF ARKF. No other Ark ETF has a position in Apple.

Shares of Apple closed 0.93% lower at $126.27 on Monday.

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

The New York-based investment firm snapped up another 259,897 shares, worth about $64.5 million, in the cryptocurrency exchange Coinbase via ARKF, the Ark Innovation ETF ARKK, and the ARK Next Generation Internet ETF ARKW.

Coinbase shares closed 3.92% lower at $248.24 on Monday. The three ETFs together held 3.4 million shares, worth about $878.4 million, ahead of Monday’s trade.

See also: How To Buy Apple Stock

Other Ark Buys On Monday:

• Square Inc SQ
• Twilio Inc TWLO
• StoneCo Ltd STNE
• Signify Health Inc SGFY
• Recursion Pharmaceuticals Inc RXRX
• 908 Devices Inc MASS
• 1life Healthcare Inc ONEM
• Ionis Pharmaceuticals Inc IONS
• Castle Biosciences Inc CSTL
• CM Life Sciences II Inc CMII
• Codexis Inc CDXS
• Accolade Inc ACCD
• Zoom Video Communications Inc ZM
• Twitter Inc TWTR
• TuSimple Holdings TSP
• Palantir Technologies PLTR
• Pacific Biosciences of California Inc PACB
• Crispr Therapeutics AG CRSP
• Uipath Inc PATH
• Niu Technologies NIU
• Atlas Crest Investment Corp ACIC
• Draftkings Inc DKNG
• Blade Air Mobility Inc BLDE