Cathie Wood's ARK Invest Buys Nearly 500,000 More Shares of Robinhood

Investing

Published: November 24, 2021 10:35 am

Two ARK Invest exchange-traded funds run by ETF star Cathie Wood have bought nearly $14 million worth of shares of Robinhood Markets Inc. (NASDAQ: HOOD). These funds added nearly 500,000 more shares altogether on Tuesday. This was as prices of these ETFs gained around 2% in Tuesday’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 278,355 shares of Robinhood, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 221,389 shares. At Tuesday’s closing price, this would value these purchases at roughly $13.8 million altogether. This is only a small fraction of the total holdings. The funds are up between 5% and 10% in the past year.

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

Fund	Ticker	Name	Shares
ARKF	DKNG	DRAFTKINGS	313,699
ARKF	TOST	TOAST	136,697
ARKF	STNE	STONECO	517,833
ARKF	HOOD	ROBINHOOD MARKETS	278,355
ARKG	SURF	SURFACE ONCOLOGY	93,013
ARKG	SDGR	SCHRODINGER	177,712
ARKG	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA	352,967
ARKG	BNR	BURNING ROCK BIOTECH	96,815
ARKG	BFLY	BUTTERFLY NETWORK	586,994
ARKG	ADPT	ADAPTIVE BIOTECHNOLOGIES	615,945
ARKK	ZM	ZOOM VIDEO COMMUNICATIONS	538,573
ARKK	NVTA	INVITAE	282,668
ARKK	MTLS	MATERIALISE	84,768
ARKK	EXAS	EXACT SCIENCES	411,502
ARKK	CRSP	CRISPR THERAPEUTICS	64,595
ARKQ	VLD	VELO3D	898,684
ARKQ	NIU	NIU TECHNOLOGIES	12,917
ARKQ	MKFG	MARKFORGED	142,070
ARKQ	ACHR	ARCHER AVIATION	668,983
ARKW	ZM	ZOOM VIDEO COMMUNICATIONS	106,537
ARKW	VUZI	VUZIX	183,465
ARKW	ROKU	ROKU	40,801
ARKW	NNDM	NANO DIMENSION	986,600
ARKW	MNDY	MONDAY.COM	45,756
ARKW	HOOD	ROBINHOOD MARKETS	221,389
ARKW	GENI	GENIUS SPORTS	881,741
ARKW	CND	CONCORD ACQUISITION	235,842
ARKX	PLTR	PALANTIR TECHNOLOGIES	51,576

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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