A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 350,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) altogether on Thursday, as the prices of these ETFs were up less than 1% in Thursday’s session. These funds are up a fair amount in the past year.
ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 325,289 shares of Robinhood, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 25,322 shares. At Thursday’s closing price, this would have valued these purchases at roughly $14.7 million altogether. This is only a small fraction of the total holdings. The fintech ETF is up roughly 37% in the past year, and the internet ETF is up 44% in that time.
Check out all of ARK Invest’s buys for Thursday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | HOOD | ROBINHOOD MARKETS | 325,289 |
| ARKG | PSNL | PERSONALIS | 30,067 |
| ARKG | BLI | BERKELEY LIGHTS | 178,950 |
| ARKK | NVTA | INVITAE | 213,501 |
| ARKK | PD | PAGERDUTY | 68,750 |
| ARKK | BLI | BERKELEY LIGHTS | 479,000 |
| ARKK | BEAM | BEAM THERAPEUTICS | 15,372 |
| ARKK | PATH | UIPATH | 384,458 |
| ARKQ | PRLB | PROTO LABS | 168,937 |
| ARKQ | NNDM | NANO DIMENSION | 382,931 |
| ARKQ | NIU | NIU TECHNOLOGIES | 152,431 |
| ARKQ | MKFG | MARKFORGED | 170,566 |
| ARKW | VUZI | VUZIX | 34,305 |
| ARKW | SE | SEA | 8,100 |
| ARKW | HOOD | ROBINHOOD MARKETS | 25,322 |
| ARKW | DIS | WALT DISNEY | 51,787 |
| ARKX | BLDE | BLADE AIR MOBILITY | 4,102 |
| ARKX | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 81,952 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.
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