What Happened: Shares of Alibaba Group Holding BABA 13.34% were down 8% Tuesday after the Ant Group IPO was pulled in China. Alibaba owns over 30% of Ant Group.
Paypal Holdings Inc PYPL 0.33% shares were down 4% Tuesday after reporting third-quarter earnings.
The Ark Fintech Innovation ETF ARKF 1.12% bought 9,443 shares of Alibaba and 23,285 shares of Paypal on Tuesday.
The Ark Innovation ETF ARKK 1.42% bought 538,871 shares of Paypal.
The Ark Next Generation Internet ETF ARKW 0.7% bought 116,504 shares of Paypal and 29,683 shares of Alibaba.
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