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.
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
