Cathie Wood's ARK Invest Buys Over 625,000 Shares of Robinhood

Investing

Published: October 27, 2021 8:05 am

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 625,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) altogether on Tuesday, as the prices of these ETFs were down around 1% in Tuesday’s session. These funds are up a fair amount in the past year.
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ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 50,053 shares of Robinhood, and ARK Innovation ETF (NYSEARCA: ARKK) added 575,942 shares. At Tuesday’s closing price, this would have valued these purchases at roughly $24.8 million altogether. This is only a small fraction of the total holdings. The fintech ETF is up roughly 28% in the past year, and the innovation ETF is up 26% in that time.

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

Fund	Ticker	Name	Shares
ARKF	ETSY	ETSY	76,690
ARKF	HOOD	ROBINHOOD MARKETS	50,053
ARKF	KSPILI	KASPI.KZ JSC	1,204
ARKF	PAGS	PAGSEGURO DIGITAL	321,886
ARKG	VERV	VERVE THERAPEUTICS	1,656
ARKG	VCYT	VERACYTE	31,300
ARKG	SLGC	SOMALOGIC	49,739
ARKG	NTLA	INTELLIA THERAPEUTICS	18,200
ARKG	EXAS	EXACT SCIENCES	26,180
ARKG	ARCT	ARCTURUS THERAPEUTICS	14,525
ARKK	ROKU	ROKU	42,575
ARKK	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA	16,618
ARKK	HOOD	ROBINHOOD MARKETS	575,942
ARKK	TWTR	TWITTER	948,826
ARKK	BEAM	BEAM THERAPEUTICS	52,895
ARKK	SKLZ	SKILLZ	426,782
ARKQ	NNDM	NANO DIMENSION	455,118
ARKQ	NIU	NIU TECHNOLOGIES	81,764
ARKQ	MKFG	MARKFORGED	8,486
ARKQ	DDD	3D SYSTEMS	425,709
ARKW	TWTR	TWITTER	97,718
ARKW	SPOT	SPOTIFY TECHNOLOGY	21,695
ARKW	SKLZ	SKILLZ	318,230
ARKW	ROKU	ROKU	17,698
ARKW	PD	PAGERDUTY	73,528
ARKW	LPSN	LIVEPERSON	34,198
ARKX	BLDE	BLADE AIR MOBILITY	9,573
ARKX	DDD	3D SYSTEMS	7,362
ARKX	VLD	VELO3D	17,838

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.