Cathie Wood is Loading Up on These 5 Stocks

4.  IronSource Ltd. (NYSE:IS)

Number of Hedge Fund Holders: 30    

Percentage Increase in Stake During Q2 2022: 34% 

IronSource Ltd. (NYSE:IS) owns and runs a business platform for app developers and telecom operators. Latest 13F filings show that ARK owned over 516,400 shares of IronSource Ltd. (NYSE:IS) at the end of June 2022, worth $1.4 million. 

On August 11, investment advisory Credit Suisse downgraded IronSource Ltd. (NYSE:IS) stock to Neutral from Outperform and lowered the price target to $5.42 from $13. Analyst Stephen Ju issued the ratings update.

At the end of the second quarter of 2022, 30 hedge funds in the database of Insider Monkey held stakes worth $198 million in IronSource Ltd. (NYSE:IS), compared to 36 in the preceding quarter worth $422 million.