Cathie Wood’s ARK Loads Up on Snap. Here’s What It Sold.

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https://www.barrons.com/articles/cathie-wood-ark-funds-snap-paypal-pinterest-51635241702

Updated Oct. 26, 2021 11:15 americium ET / Original Oct. 26, 2021 5:48 americium ET

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Exchange-traded funds nether the ETF umbrella of prima capitalist Cathie Wood bought 462,490 shares of Snap, the parent of Snapchat that has been hard deed by privateness changes introduced by Apple.

Wood’s ARK Next Generation Internet ETF (ticker: ARKW) purchased 301,671 Snap shares connected Monday, according to the regular trades posted by the ARK funds. The Ark Fintech Innovation ETF (ARKF) bought 160,819 shares.

Snap...

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