Cathie Wood’s ARK Invest Buys Over 225,000 Shares of Robinhood
One of Cathie Wood's ARK Invest exchange-traded funds bought over 225,000 shares of Robinhood on September 17.
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One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 225,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD | HOOD Price Prediction) on Friday, as the price of this ETF was up around 1% in Friday’s session. The fund is up a fair amount in the past year.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 228,082 shares of Robinhood. At Friday’s closing price, this would have valued this purchase at roughly $9.7 million. This is only a small fraction of the total holdings. The ETF is up roughly 48% in the past year.
Check out all of ARK Invest’s buys for Friday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | PSNL | PERSONALIS | 170 |
| ARKK | BEAM | BEAM THERAPEUTICS | 8,000 |
| ARKK | PD | PAGERDUTY | 1,005 |
| ARKK | PATH | UIPATH | 74,087 |
| ARKK | NVTA | INVITAE | 12,198 |
| ARKQ | MKFG | MARKFORGED HOLDING | 216,978 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 26,924 |
| ARKW | DIS | WALT DISNEY | 5,303 |
| ARKW | HOOD | ROBINHOOD MARKETS | 228,082 |
| ARKW | Z | ZILLOW | 7,181 |
| ARKW | VUZI | VUZIX | 124,817 |
| ARKW | SE | SEA | 24,540 |
| ARKX | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 7,481 |
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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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Contact [email protected] for any questions or corrections.
Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
