Cathie Wood's ARK Invest Buys Nearly 1.3 Million More Shares of Robinhood

Investing

Published: October 29, 2021 10:10 am

ARK Invest exchange-traded funds run by ETF star Cathie Wood have bought nearly $46 million worth of shares of Robinhood Markets Inc. (NASDAQ: HOOD). Some of these funds added nearly 1.3 million more shares altogether on Thursday. This as prices of these ETFs gained around 2% in Thursday’s session, though these funds are up a fair amount in the past year.
[in-text-ad]
ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 140,664 shares of Robinhood, ARK Innovation ETF (NYSEARCA: ARKK) added 914,957 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 236,190 shares. At Thursday’s closing price, this would value these purchases at roughly $45.9 million altogether. This is only a small fraction of the total holdings. The funds are up between 29% and 38% in the past year.

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

Fund	Ticker	Name	Shares
ARKF	TDOC	TELADOC HEALTH	93,448
ARKF	HOOD	ROBINHOOD MARKETS	140,664
ARKF	KSPILI	KASPI.KZ	10,870
ARKF	TWLO	TWILIO	17,246
ARKG	EXAS	EXACT SCIENCES	1,016
ARKG	VERV	VERVE THERAPEUTICS	65,100
ARKG	TDOC	TELADOC HEALTH	64,400
ARKK	TWLO	TWILIO	109,456
ARKK	TDOC	TELADOC HEALTH	456,665
ARKK	SKLZ	SKILLZ	18,090
ARKK	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA	2,450
ARKK	NTLA	INTELLIA THERAPEUTICS	1,287
ARKK	HOOD	ROBINHOOD MARKETS	914,957
ARKK	BEAM	BEAM THERAPEUTICS	5,205
ARKQ	NIU	NIU TECHNOLOGIES	3,700
ARKQ	MKFG	MARKFORGED	450,649
ARKQ	ACHR	ARCHER AVIATION	1,056,500
ARKW	TWLO	TWILIO	26,964
ARKW	FB	FACEBOOK	86,417
ARKW	HOOD	ROBINHOOD MARKETS	236,190
ARKW	TDOC	TELADOC HEALTH	90,039
ARKX	BLDE	BLADE AIR MOBILITY	11,968
ARKX	DDD	3D SYSTEMS	99,397
ARKX	GRMN	GARMIN	27,814
ARKX	VLD	VELO3D	2,105

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.

24/7 Wall St.
Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming

Get Ready To Retire ^(Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future