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.
24/7 Wall St.Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
