Three ARK Invest-managed exchange-traded funds bought 348,406 SpaceX shares on Nov. 4, adding to their positions as the stock fell 3.81% and closed just above its $135 IPO price.
ARK Innovation ETF bought 224,483 shares. ARK Autonomous Technology & Robotics ETF added 63,478, while ARK Next Generation Internet ETF purchased 60,445.
SpaceX finished at $135.92, a $5.39 decline from $141.31 in the session before. The Nov. 4 closing price was 92 cents above the company’s $135 IPO price.
At the close, the 348,406 shares had an estimated market value of about $47.4 million. That estimate applies the closing price to the number of shares; it does not state how much ARK paid. ARK had last reduced its SpaceX position on Oct. 8, selling 29,048 shares.
