One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought nearly 800,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) on Thursday. The price of this ETF gained over 3% in Thursday’s session, but it still is down a fair amount in the past year.
[in-text-ad]
It was the ARK Innovation ETF (NYSEARCA: ARKK) that added 793,511 shares of Robinhood. At Thursday’s closing price, this would have valued this purchase at roughly $14.4 million. This is only a small fraction of the total holdings. The fund is down roughly 23% in the past year.
Check out all of ARK Invest’s purchases for Thursday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKG | SURF | SURFACE ONCOLOGY | 23,723 |
ARKG | BEAM | BEAM THERAPEUTICS | 5,200 |
ARKG | CGEN | COMPUGEN | 66,398 |
ARKG | CRSP | CRISPR THERAPEUTICS | 10,000 |
ARKG | MASS | 908 DEVICES | 100 |
ARKG | PSNL | PERSONALIS | 1,100 |
ARKG | SGFY | SIGNIFY HEALTH | 100 |
ARKK | ZM | ZOOM VIDEO COMMUNICATIONS | 132,682 |
ARKK | TWOU | 2U | 9,093 |
ARKK | TDOC | TELADOC HEALTH | 2,056 |
ARKK | SSYS | STRATASYS | 25 |
ARKK | SQ | BLOCK | 194,675 |
ARKK | NVTA | INVITAE | 4,329 |
ARKK | DKNG | DRAFTKINGS | 543,221 |
ARKK | CRSP | CRISPR THERAPEUTICS | 31,800 |
ARKK | HOOD | ROBINHOOD MARKETS | 793,511 |
ARKQ | MTLS | MATERIALISE | 5,376 |
ARKQ | TWOU | 2U INC | 8,000 |
ARKW | TWOU | 2U | 14,300 |
ARKX | BLDE | BLADE AIR MOBILITY | 206 |
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.
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.