One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 225,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD | HOOD Price Prediction) on Friday, as the price of this ETF was up around 1% in Friday’s session. The fund is up a fair amount in the past year.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 228,082 shares of Robinhood. At Friday’s closing price, this would have valued this purchase at roughly $9.7 million. This is only a small fraction of the total holdings. The ETF is up roughly 48% in the past year.
Check out all of ARK Invest’s buys for Friday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | PSNL | PERSONALIS | 170 |
| ARKK | BEAM | BEAM THERAPEUTICS | 8,000 |
| ARKK | PD | PAGERDUTY | 1,005 |
| ARKK | PATH | UIPATH | 74,087 |
| ARKK | NVTA | INVITAE | 12,198 |
| ARKQ | MKFG | MARKFORGED HOLDING | 216,978 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 26,924 |
| ARKW | DIS | WALT DISNEY | 5,303 |
| ARKW | HOOD | ROBINHOOD MARKETS | 228,082 |
| ARKW | Z | ZILLOW | 7,181 |
| ARKW | VUZI | VUZIX | 124,817 |
| ARKW | SE | SEA | 24,540 |
| ARKX | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 7,481 |
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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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