Cathie Wood’s ARK Invest Buys Over 225,000 Shares of Robinhood

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By Chris Lange Published
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Cathie Wood’s ARK Invest Buys Over 225,000 Shares of Robinhood

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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

[nativounit]
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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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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