The ARK Next Generation Internet ETF ARKW, -0.36% bought over 500,000 shares of Roblox RBLX, +54.44%, the video-games developer that surged 54% in its trading debut on Wednesday. The position, worth $36 million, amounts to 0.47% of the Cathie Wood-managed fund, according to the trading position data posted on ARK’s website. The same fund sold nearly $18 million worth of Facebook FB, -0.32%.
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