A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 625,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) altogether on Tuesday, as the prices of these ETFs were down around 1% in Tuesday’s session. These funds are up a fair amount in the past year.
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ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 50,053 shares of Robinhood, and ARK Innovation ETF (NYSEARCA: ARKK) added 575,942 shares. At Tuesday’s closing price, this would have valued these purchases at roughly $24.8 million altogether. This is only a small fraction of the total holdings. The fintech ETF is up roughly 28% in the past year, and the innovation ETF is up 26% in that time.
Check out all of ARK Invest’s buys for Tuesday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | ETSY | ETSY | 76,690 |
| ARKF | HOOD | ROBINHOOD MARKETS | 50,053 |
| ARKF | KSPILI | KASPI.KZ JSC | 1,204 |
| ARKF | PAGS | PAGSEGURO DIGITAL | 321,886 |
| ARKG | VERV | VERVE THERAPEUTICS | 1,656 |
| ARKG | VCYT | VERACYTE | 31,300 |
| ARKG | SLGC | SOMALOGIC | 49,739 |
| ARKG | NTLA | INTELLIA THERAPEUTICS | 18,200 |
| ARKG | EXAS | EXACT SCIENCES | 26,180 |
| ARKG | ARCT | ARCTURUS THERAPEUTICS | 14,525 |
| ARKK | ROKU | ROKU | 42,575 |
| ARKK | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 16,618 |
| ARKK | HOOD | ROBINHOOD MARKETS | 575,942 |
| ARKK | TWTR | 948,826 | |
| ARKK | BEAM | BEAM THERAPEUTICS | 52,895 |
| ARKK | SKLZ | SKILLZ | 426,782 |
| ARKQ | NNDM | NANO DIMENSION | 455,118 |
| ARKQ | NIU | NIU TECHNOLOGIES | 81,764 |
| ARKQ | MKFG | MARKFORGED | 8,486 |
| ARKQ | DDD | 3D SYSTEMS | 425,709 |
| ARKW | TWTR | 97,718 | |
| ARKW | SPOT | SPOTIFY TECHNOLOGY | 21,695 |
| ARKW | SKLZ | SKILLZ | 318,230 |
| ARKW | ROKU | ROKU | 17,698 |
| ARKW | PD | PAGERDUTY | 73,528 |
| ARKW | LPSN | LIVEPERSON | 34,198 |
| ARKX | BLDE | BLADE AIR MOBILITY | 9,573 |
| ARKX | DDD | 3D SYSTEMS | 7,362 |
| ARKX | VLD | VELO3D | 17,838 |
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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