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Cathie Wood’s ARK exchange-traded funds purchased nearly 747,000 shares of DocuSign on Friday following the e-signature company’s steep decline.
ARK’s flagship fund, ARK Innovation ETF (ticker: ARKK), bought 461,662 of DocuSign (DOCU), while the ARK Next Generation Internet ETF (ARKW) bought 178,334 shares. The Ark Fintech Innovation ETF (ARKF) bought 106,968, according to the daily trades posted by the ARK funds.