Cathie Wood's ARK Invest Buys $32.6M in Shopify Shares
On May 5, Cathie Wood’s ARK Invest purchased approximately $32.6 million worth of Shopify (SHOP) shares across multiple ETFs, including a significant portion through the ARK Innovation ETF (ARKK). This move follows Shopify's strong Q1 results with revenue up 34% year-over-year and gross merchandise volume reaching $101 billion.
Topics: ARK Invest Cathie Wood ETFs Shopify (SHOP) Stock Purchases