Investing

Cathie Wood's ARK Invest Buys Over 350,000 Shares of Robinhood

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.