
One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought nearly 300,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) on Monday, as the price of this ETF was down less than 1% in Monday’s session. The fund is up a fair amount in the past year though.
ARK Innovation ETF (NYSEARCA: ARKK) bought 298,878 shares of Robinhood. At Monday’s closing price, this would have valued this purchase at roughly $13.4 million. This is only a small fraction of the total holdings. The ETF is up roughly 31% in the past year.
Check out all of ARK Invest’s buys for Monday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | COIN | COINBASE GLOBAL | 30,025 |
ARKF | Z | ZILLOW GROUP | 76,591 |
ARKF | STNE | STONECO | 181,603 |
ARKF | DKNG | DRAFTKINGS | 131,810 |
ARKG | BEAM | BEAM THERAPEUTICS | 93,398 |
ARKG | QSI | QUANTUM-SI | 33,592 |
ARKG | MASS | 908 DEVICES | 64,016 |
ARKK | TWOU | 2U | 101,900 |
ARKK | SGFY | SIGNIFY HEALTH | 123,857 |
ARKK | PD | PAGERDUTY | 99,400 |
ARKK | NVTA | INVITAE | 83,000 |
ARKK | HOOD | ROBINHOOD MARKETS | 298,878 |
ARKK | DNA | GINKGO BIOWORKS | 6,958 |
ARKQ | ACHR | ARCHER AVIATION | 108,162 |
ARKQ | DDD | 3D SYSTEMS | 87,900 |
ARKQ | PATH | UIPATH | 117,399 |
ARKQ | TRMB | TRIMBLE | 90,197 |
ARKW | COIN | COINBASE GLOBAL | 46,850 |
ARKW | GENI | GENIUS SPORTS | 78,099 |
ARKW | LPSN | LIVEPERSON | 154,933 |
ARKW | PTON | PELOTON INTERACTIVE | 79,694 |
ARKX | AVAV | AEROVIRONMENT | 14,400 |
ARKX | PRNT | 3D PRINTING ETF | 1,277 |
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.
Are You Still Paying With a Debit Card?
The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.
Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!
Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!
Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.