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Zenger
Zenger
Shanthi Rexaline

Cathie Wood’s Ark Invest Buys Meta Platforms Shares, Trades Crypto-Linked Stocks

Cathie Wood's Ark Invest, on Friday, bought a chunk of Meta Platforms Inc. shares and also transacted in a couple of crypto-linked stocks. HUGO AMARAL/GETTY IMAGES  

Cathie Wood’s Ark Invest, on Friday, bought a chunk of Meta Platforms Inc. (NASDAQ:META) shares and also transacted in a couple of crypto-linked stocks.

Ark Invest, through its Ark Innovation ETF (NYSE:ARKK) and Ark Next Generation Internet ETF (NYSE:ARKW), bought 82,352 shares of Meta. The purchases would have been valued at $25.44 million based on the stock’s closing price of $308.87 on Friday.

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