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 | HOOD Price Prediction) 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 | 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 |
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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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