Ark Invest buys Block and Circle shares and sells Palantir and trims AMD holdings

Ark Invest, associated with Cathie Wood, purchased about $37.4 million worth of Block Inc. (SQ) shares, buying 456,059 shares following Block’s roughly 2% decline in Monday trading, according to Ark Invest’s trading disclosure mentioned by crypto.news ^[1].

Blockonomi and MoneyCheck similarly report that Ark Invest bought 456,059 Block shares totaling $37.4 million across three ETFs and simultaneously acquired 35,192 Circle Internet Group shares valued at about $3.36 million, as part of a portfolio reshuffle ^{[2] [3]}.

The same reshuffle coverage also says Ark Invest divested about $26 million of Palantir stock across ARKF, ARKK, and ARKW, and reduced AMD exposure by selling 8,623 shares worth about $4.1 million ^[2].

CoinoMedia adds that the purchases were made on Aug. 31, and reports Circle shares at about $3.4 million (35,192 shares) along with the $37.4 million Block buy ^[4].