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home / news releases / BETZ - DraftKings attracts $60M in new ARK Invest funds

BETZ - DraftKings attracts $60M in new ARK Invest funds

Roundhill Sports Betting & iGaming
DraftKings (NASDAQ:DKNG) tracks higher in early trading after ARK Invest scooped up another 1,073,171 shares spread across the ARK Innovation ETF, ARK Net Generation Internet ETF and ARK Fintech Innovation ETF. The total amount invested yesterday as around $60M. For the ARK Innovation ETF (NYSEARCA:ARKK), DraftKings is the fund's 16th largest position. Cathie Wood's firm was a buyer on a day that DKNG closed 5.91% higher after the company inked a deal with Simplebet and a football sports betting forecast came in notably strong. DKNG is up another 0.55% in premarket action today. Beyond the ARK world, DraftKings (DKNG) is the single largest holding in the Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) with a 4.40% weighting.

For further details see:

DraftKings attracts $60M in new ARK Invest funds
Stock Information
Company Name: Roundhill Sports Betting & iGaming
Stock Symbol: BETZ
Market: NYSE
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