Ark Invest increased its stake in Circle stocks by 5.5 million dollars yesterday

According to The Block, Cathie Wood's Ark Invest purchased approximately $5.5 million worth of Circle Internet Group stock through the ARKK, ARKW, and ARKF ETFs on Monday, totaling 41,904 shares.

This is Ark's first purchase of Circle since March 24. Previously, Circle disclosed its first-quarter financial report, and the stock price closed up 15.91%, at $131.76. Currently, Circle is the sixth largest holding in ARKK (weight 4.6%) and the second largest holding in ARKF (weight 6.66%).