ARK Invest adjusts portfolio, sells Coinbase and Robinhood shares
ARK Invest, the investment firm renowned for its focus on innovation led by Cathie Wood, has significantly changed its portfolio by selling shares of major cryptocurrency-related companies. On February 14, the firm sold 214,068 shares of Coinbase (COIN) and 119,394 shares of Robinhood (HOOD) from its Exchange-Traded Funds (ETFs), marking its first major cryptocurrency-related stock…