Ark Invest trimmed its position in Coinbase stock yesterday, reducing its holdings by approximately $43.8 million in value.

BlockBeats News, July 1st, according to The Block, on Monday, Cathie Wood's Ark Invest sold 124,892 shares of Coinbase stock worth approximately $43.8 million.

Coinbase (COIN) closed down 0.83% on Monday at $350.49. Over the past month, the stock has risen by 42.12%, and year-to-date it has increased by 41.16%.