7/29/2021
Short summary of Ark trades for 7/29/2021
Ark invest initiate its position in robinhood in its trading ipo debut with a million plus shares.Ark continues its buy for QUANTUM-SI and continue its sell in china related stock such as tencent,ke holding,kanzhun,pinduoduo and meituan.Ark has also started selling stock that may be reaching its 6 month high like roku and docu. One important thing to note that Ark has completely sell all of its Tencent stock in ARKK ETF and ARKX ETF(confirm,check below pictures),judging from yesterday shares in arkw ,ark invest may be unloading its tencent shares in arkw etf.
One notable stock for the day...
Tencent Holding Ltd
Tencent Holdings Limited is an investment holding comtpany. The Company and its subsidiaries are principally engaged in the provision of Internet value-added services, mobile and telecommunications value-added services and online advertising services to users in the People’s Republic of China. The Company operates in four segment Internet value-added services, Mobile and telecommunications value-added services, Online advertising, and Others. As of December 31, 2011, its subsidiaries included Tencent Cyber (Tianjin) Company Limited, Tencent Asset Management Limited, Tencent Technology (Beijing) Company Limited, Tencent Cyber (Shenzhen) Company Limited, Tencent Technology (Shanghai) Company Limited and others.
12 month low:55.77(27july)
