Investing
Cathie Wood's ARK Invest Buys Over 1.2 Million More Shares of Robinhood
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A day after ARK Invest exchange-traded funds run by ETF star Cathie Wood bought nearly $25 million worth of shares of Robinhood Markets Inc. (NASDAQ: HOOD), some of these funds added over 1.2 million more shares altogether on Wednesday. This as prices of these ETFs retreated around 1% in Wednesday’s session, though these funds are up a fair amount in the past year.
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ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 192,038 shares of Robinhood, ARK Innovation ETF (NYSEARCA: ARKK) added 1,728,431 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 320,211 shares. At Wednesday’s closing price, this would value these purchases at roughly $79.4 million altogether. This is only a small fraction of the total holdings. The funds are up between 22% and 31% in the past year.
Check out all of ARK Invest’s buys for Wednesday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | HOOD | ROBINHOOD MARKETS | 192,038 |
| ARKF | KSPILI | KASPI.KZ JSC | 5,637 |
| ARKF | PAGS | PAGSEGURO DIGITAL | 41,990 |
| ARKG | VERV | VERVE THERAPEUTICS | 22,150 |
| ARKG | VCYT | VERACYTE | 24,400 |
| ARKG | NTLA | INTELLIA THERAPEUTICS | 15,089 |
| ARKG | EXAS | EXACT SCIENCES | 83,000 |
| ARKG | ARCT | ARCTURUS THERAPEUTICS | 52,127 |
| ARKK | TWTR | 782,732 | |
| ARKK | SKLZ | SKILLZ | 53,340 |
| ARKK | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 522,914 |
| ARKK | NTLA | INTELLIA THERAPEUTICS | 41,900 |
| ARKK | HOOD | ROBINHOOD MARKETS | 1,728,431 |
| ARKK | BEAM | BEAM THERAPEUTICS | 47,400 |
| ARKQ | NNDM | NANO DIMENSION | 444,136 |
| ARKQ | NIU | NIU TECHNOLOGIES | 73,343 |
| ARKQ | MKFG | MARKFORGED | 800 |
| ARKQ | DDD | 3D SYSTEMS | 48,756 |
| ARKQ | ACHR | ARCHER AVIATION | 725,791 |
| ARKW | HOOD | ROBINHOOD MARKETS | 320,211 |
| ARKW | TWTR | 324,491 | |
| ARKX | ACHR | ARCHER AVIATION | 978,056 |
| ARKX | BLDE | BLADE AIR MOBILITY | 71,105 |
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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