Block stock

According to reports, Ark Investment Management, a unit of Cathie Wood, increased its holdings of approximately $4.3 million in Block stock. Among them, Ark Innovation ETF (ARKK) purchased 50858 Block shares, and Ark Next Generation Internet ETF (ARKW) purchased 8064 shares. At Friday’s closing price of about $74, these stocks together are worth about $4.3 million. （TheBlock） Interpretation of this information: A recent report reveals that Ark Investment Management has increased its holdings in Block stock by investing approximately $4.3 million. The investments were made by two funds managed by…