Cathie Wood's ARK Invest Buys Over 900,000 Shares of Robinhood

Investing

Published: November 30, 2021 7:35 am

Two ARK Invest exchange-traded funds run by ETF star Cathie Wood have bought nearly $25 million worth of shares of Robinhood Markets Inc. (NASDAQ: HOOD). These funds added over 900,000 more shares altogether on Monday. This was as prices of these ETFs gained less than 1% in Monday’s session, though these funds are somewhat mixed over the past year.
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ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 342,346 shares of Robinhood, and ARK Innovation ETF (NYSEARCA: ARKK) purchased 572,717 shares. At Monday’s closing price, this would value these purchases at roughly $24.8 million altogether. This is only a small fraction of the total holdings. The fintech fund is up 2% in the past year, while the innovation ETF is down closer to 3%.

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

Fund	Ticker	Name	Shares
ARKF	DSYFP	DASSAULT SYSTEMES	62,220
ARKF	TWLO	TWILIO	35,477
ARKF	TDOC	TELADOC HEALTH	1,400
ARKF	HOOD	ROBINHOOD MARKETS	342,346
ARKF	DSYSJ	DISCOVERY	62,220
ARKG	TDOC	TELADOC HEALTH	2,650
ARKG	SURF	SURFACE ONCOLOGY	112,100
ARKG	SGFY	SIGNIFY HEALTH	56,672
ARKG	SDGR	SCHRODINGER	116,488
ARKG	ONEM	1LIFE HEALTHCARE	123,471
ARKG	MASS	908 DEVICES	7,800
ARKG	ADPT	ADAPTIVE BIOTECHNOLOGIES	29,252
ARKK	TRMB	TRIMBLE	62,409
ARKK	TDOC	TELADOC HEALTH	8,800
ARKK	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA	419,669
ARKK	MTLS	MATERIALISE	22,287
ARKK	HOOD	ROBINHOOD MARKETS	572,717
ARKQ	ACHR	ARCHER AVIATION	34,547
ARKQ	BLDE	BLADE AIR MOBILITY	102,325
ARKQ	BYDDY	BYD	29,094
ARKQ	MKFG	MARKFORGED	119,451
ARKQ	PLTR	PALANTIR TECHNOLOGIES	475,825
ARKQ	VLD	VELO3D	167,644
ARKW	CND	CONCORD ACQUISITION	74,475
ARKW	NNDM	NANO DIMENSION	367,949
ARKW	TDOC	TELADOC HEALTH	2,300
ARKW	VCYT	VERACYTE	45,574
ARKX	IRDM	IRIDIUM COMMUNICATIONS	60,285

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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