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.
[in-text-ad]
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 | 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 | 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.
Cash Back Credit Cards Have Never Been This Good
Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.
Flywheel Publishing has partnered with CardRatings for our 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.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.