Cathie Wood-led Ark Investment Management on Monday extended exposure to Walt Disney Co DIS shares while trimming stake in Google parent Alphabet Inc GOOGL GOOG.
Ark purchased 86,340 Disney shares through the ARK Next Generation Internet ETF ARKW. As per Monday’s closing when the shares were valued at $158.43, this amounts to nearly $13.7 million.
The hedge fund sold 2,662 Alphabet Inc Class C shares valued at nearly $7.95 million as per Monday’s closing price of $2,987.76 through the ARK Autonomous Technology & Robotics ETF ARKQ.
As of Monday, ARKW held 379,605 shares of Disney with a market value of $60,596,346.15. ARKQ held 20,626 Alphabet Class C shares with a market value of $61,731,761.66.
Here’re some of Ark’s other key trades from Monday:
Purchased 296,385 shares of Robinhood Markets Inc HOOD through ARKF.
Purchased 30,800 shares of Zoom Video Communications Inc ZM through ARKW.
Purchased 214,059 shares of Draftkings Inc DKNG through ARKF.
Sold 21,494 shares of Regeneron Pharmaceuticals Inc REGN through ARKG.
Sold 143,228 Class C shares of Zillow Group Inc Z through ARKF and 471,622 Class C shares via ARKK.
Sold 12,356 shares of Unity Software Inc U through ARKX and 90,817 shares via ARKW.
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