Cathie Wood's ARK Invest Buys Over 1.2 Million More Shares of Robinhood

Investing

Published: October 28, 2021 7:35 am

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	TWITTER	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	TWITTER	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.