Cathie Wooden-led Ark Make investments on Wednesday trimmed all of its publicity to Netflix Inc (NASDAQ:NFLX) in one of many two energetic exchange-traded funds that personal shares within the streaming video on-demand service.
The favored cash managing agency bought 192 shares —estimated to be value about $105,135— in Netflix through the Ark Subsequent Era Web ETF (NYSE:ARKW).
Ark Make investments nonetheless holds 26,802 shares — value $14.67 million— in Netflix through the Ark Area Exploration & Innovation ETF (BATS:ARKX) as of Wednesday’s commerce. No different ETF holds any place in Netflix.
Netflix shares, which have risen just one.26% to this point this 12 months, closed 1.05% decrease at $548.58 on Wednesday.
See Additionally: Cathie Wooden Sells $7.7M In Netflix, $3M In Nvidia
Listed below are a few of the different key trades for Ark on Wednesday:
- Purchased 170,809 shares — estimated to be value about $8.11 million — in