Cathie Wood’s ARK buys $9.4 million of red-hot eToro IPO in debut
Investing.com -- Cathie Wood’s ARK disclosed it purchased 140,000 shares of brokerage firm eToro Group Ltd (NASDAQ:ETOR) on Wednesday, which had its initial public debut. Shares were acquired through the ARK Fintech ETF. Based on Wednesday’s closing price, the purchase is worth $9.38 million.