Thursday, January 20, 2022

Cathie Wood continues to buy Xpeng Stock in ARKQ

After starting to buy a position in XPeng Motors earlier this month, Cathie Wood’s Ark Invest continues to add to her holdings.

The latest holdings data shows that ARK Invest has increased its investment in XPeng by adding to its US-traded ADRs through its ARK Autonomous Tech & Robotics ETF (ARKQ).

ARKQ now owns 619,923 Xpeng Shares

As of today, ARKQ owns 619,923 shares of XPeng ADRs. This represents 1.25 percent weight in the fund

XPeng is currently ranked #30 in ARKQ’s holdings.

ARKQ’s last change in its position in XPeng was on December 7, when the ETF bought 250,389 shares of XPeng ADRs worth about $11.02 million.

Previous ARKQ XPEV Purchases

This means that ARKQ bought 92,271 shares of XPeng ADRs on Tuesday, adding $3.15 million to its XPeng position.

XPeng Stock closed down 1.88 percent to $44.47 yesterday, and has accumulated a 13 percent decline since December 2.

Xpeng Stock Data – The stock trades under ticker symbol XPev

Xpeng is a Chinese electric vehicle manufacturer. The company is headquartered in Guangzhou, with offices in Mountain View, California, United States and is publicly traded on the New York Stock Exchange. For the latest Xpeng stock news visit our dedicated page.

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Leannehttps://wegoelectric.net
Hi I'm Leanne. I'm a big fan of electric cars (drive a Model 3 myself) and support the movement to go electric! I hope you enjoy my Articles here on the website.
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