ARK Invest Adds 54,815 Tesla Shares for $21.9M on June 18 After SpaceX IPO

According to Barron's, ARK Invest's Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW) combined added 54,815 Tesla shares on Thursday, June 18, costing approximately $21.9 million at Tesla's closing price of $400.49. The move came just days after ARK reduced some Tesla holdings to participate in SpaceX's initial public offering. Tesla remains the largest holding in ARKK with 9.7% allocation and the second-largest in ARKW at 8.6%.
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