ARK Invest purchased nearly 4.5 million shares of Circle stock on its first day, valued at approximately $373 million Cathie Wood's ARK Invest purchased nearly 4.5 million shares of Circle (CRCL) stock on the first day of listing on the New York Stock Exchange, valued at approximately $373 million at the closing price. Circle's stock performed strongly on its first day of trading, with the stock price rising to $103.75 at one point, up about 50% from the opening price of $69, and ultimately closing at $83.23, while the IPO price was $31. In addition, ARK Invest has also reduced its holdings in some other cryptocurrency related companies, including Coinbase (COIN) worth $39 million, Robinhood (HOOD) worth $18.5 million, and Block (XYZ) worth $10.4 million. ARK actively includes Circle in its cryptocurrency investment portfolio, alongside companies such as Coinbase and Robinhood.