On Monday, Cathie Wood-led Ark Invest made some significant trades. Notably, the firm bought shares of PayPal Holdings Inc (NASDAQ:PYPL) and Pinterest Inc (NYSE:PINS), while selling its stake in ARK 21Shares Bitcoin ETF (BATS:ARKB). The PayPal Trade Ark Invest’s Fintech Innovation ETF (NYSE:ARKF) added 57,824 shares of PayPal, valued at approximately $4.5 million based on the closing price of $77.67. This move comes in the wake of analysts expressing diverse opinions about the company, with an average 12-month price target of $78.62. PayPal has recently made a strategic shift to penetrate the …
