Cathie Wood's ARK Invest Buys Over 1.85 Million Shares of Robinhood

Investing

Published: August 2, 2021 8:15 am

A few of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 1.8 million shares of Robinhood Markets Inc. (NASDAQ: HOOD) altogether on Friday, as the prices of these ETFs were down over 1% in Friday’s session. These funds are up a fair amount in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 213,484 shares of Robinhood, while ARK Innovation ETF (NYSEARCA: ARKK) bought 1,287,788 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 353,630 shares. At Friday’s closing price, this would have valued these purchases at roughly $65.2 million altogether. This is only a small fraction of the total holdings. ARKF is up roughly 43% in the past year. ARKK and ARKW are up 52% or so in that time.

Check out all of ARK Invest’s buys for Friday:

Fund	Ticker	Company	Shares
ARKF	HOOD	Robinhood Markets	213,484
ARKF	PINS	Pinterest	151,929
ARKG	SGFY	Signify Health	35,124
ARKG	FATE	Fate Therapeutics	77,889
ARKG	EXAS	Exact Sciences	79,839
ARKG	SMFR	Sema4	91,626
ARKG	RPTX	Repare Therapeutics	11,025
ARKK	PACB	Pacific Biosciences of California	263,353
ARKK	HOOD	Robinhood Markets	1,287,788
ARKK	EXAS	Exact Sciences	69,673
ARKK	BEAM	Beam Therapeutics	80,161
ARKQ	AVAV	Aerovironment	14,597
ARKQ	IRDM	Iridium Communications	126,690
ARKQ	MKFG	Markforged	82,132
ARKQ	PATH	UiPath	404,734
ARKW	VUZI	Vuzix	116,464
ARKW	PATH	UiiPath	171,796
ARKW	KVSB	Khosla Ventures Acquisition II	198,000
ARKW	HOOD	Robinhood Markets	353,630
ARKX	AVAV	Aerovironment	2,269

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.

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