Investing
Cathie Wood's ARK Invest Buys Nearly 1.3 Million More Shares of Robinhood
October 29, 2021 10:10 am
ARK Invest exchange-traded funds run by ETF star Cathie Wood have bought nearly $46 million worth of shares of Robinhood Markets Inc. (NASDAQ: HOOD). Some of these funds added nearly 1.3 million more shares altogether on Thursday. This as prices of these ETFs gained around 2% in Thursday’s session, though these funds are up a fair amount in the past year.
ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 140,664 shares of Robinhood, ARK Innovation ETF (NYSEARCA: ARKK) added 914,957 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 236,190 shares. At Thursday’s closing price, this would value these purchases at roughly $45.9 million altogether. This is only a small fraction of the total holdings. The funds are up between 29% and 38% in the past year.
Check out all of ARK Invest’s buys for Thursday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | TDOC | TELADOC HEALTH | 93,448 |
ARKF | HOOD | ROBINHOOD MARKETS | 140,664 |
ARKF | KSPILI | KASPI.KZ | 10,870 |
ARKF | TWLO | TWILIO | 17,246 |
ARKG | EXAS | EXACT SCIENCES | 1,016 |
ARKG | VERV | VERVE THERAPEUTICS | 65,100 |
ARKG | TDOC | TELADOC HEALTH | 64,400 |
ARKK | TWLO | TWILIO | 109,456 |
ARKK | TDOC | TELADOC HEALTH | 456,665 |
ARKK | SKLZ | SKILLZ | 18,090 |
ARKK | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 2,450 |
ARKK | NTLA | INTELLIA THERAPEUTICS | 1,287 |
ARKK | HOOD | ROBINHOOD MARKETS | 914,957 |
ARKK | BEAM | BEAM THERAPEUTICS | 5,205 |
ARKQ | NIU | NIU TECHNOLOGIES | 3,700 |
ARKQ | MKFG | MARKFORGED | 450,649 |
ARKQ | ACHR | ARCHER AVIATION | 1,056,500 |
ARKW | TWLO | TWILIO | 26,964 |
ARKW | FB | 86,417 | |
ARKW | HOOD | ROBINHOOD MARKETS | 236,190 |
ARKW | TDOC | TELADOC HEALTH | 90,039 |
ARKX | BLDE | BLADE AIR MOBILITY | 11,968 |
ARKX | DDD | 3D SYSTEMS | 99,397 |
ARKX | GRMN | GARMIN | 27,814 |
ARKX | VLD | VELO3D | 2,105 |
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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