Ark Invest increases holdings of Circle stock by $5.5 million

According to The Block, Ark Invest, a subsidiary of Cathie Wood, purchased approximately $5.5 million worth of Circle Internet Group shares on Monday through three ETFs: ARKK, ARKW, and ARKF, totaling 41904 shares. This is the first time since March 24th that we have increased our holdings in Circle. After the release of Circle's first quarter financial report, its stock price closed up 15.91% at $131.76. Currently, Circle holds the sixth largest position in ARKK (with a weight of 4.6%) and the second largest position in ARKF (with a weight of 6.66%).