Cathie Wood's ARK Invest Buys Over 720,000 Shares of Robinhood

Investing

Published: November 4, 2021 9:45 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 720,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) on Wednesday. The price of this ETF was up more than 1% in Wednesday’s session, and it is up a fair amount in the past year.
[in-text-ad]
It was ARK Innovation ETF (NYSEARCA: ARKK) that added 722,344 shares of Robinhood. At Wednesday’s closing price, this would have valued this purchase at roughly $26.8 million. This is only a small fraction of the total holdings. The ETF is up roughly 36% in the past year.

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

Fund	Ticker	Name	Shares
ARKF	TWLO	TWILIO	44,149
ARKG	ADPT	ADAPTIVE BIOTECHNOLOGIES	31,397
ARKG	ALLO	ALLOGENE THERAPEUTICS	71,729
ARKG	EXAS	EXACT SCIENCES	136,157
ARKG	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA	54,000
ARKK	TDOC	TELADOC HEALTH	4,660
ARKK	ZM	ZOOM VIDEO COMMUNICATIONS	195,009
ARKK	PATH	UIPATH	176,694
ARKK	NTLA	INTELLIA THERAPEUTICS	17,745
ARKK	HOOD	ROBINHOOD MARKETS	722,344
ARKK	EXAS	EXACT SCIENCES	507,479
ARKK	DKNG	DRAFTKINGS	193,482
ARKK	BEAM	BEAM THERAPEUTICS	24,803
ARKK	TWLO	TWILIO	145,742
ARKQ	BLDE	BLADE AIR MOBILITY	2,376
ARKQ	KTOS	KRATOS DEFENSE & SECURITY SOLUTIONS	9,008
ARKQ	NIU	NIU TECHNOLOGIES	10,200
ARKW	TWLO	TWILIO	37,135
ARKW	LPSN	LIVEPERSON	290,045
ARKW	GENI	GENIUS SPORTS	42,500
ARKW	ZM	ZOOM VIDEO COMMUNICATIONS	31,368

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.

ALSO READ: 5 Well-Known Red-Hot Small-Cap Stocks Have Massive Upside Potential

Travel Cards Are Getting Too Good To Ignore (sponsored)

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.