One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 720,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) on Wednesday. The price of this ETF was up more than 1% in Wednesday’s session, and it is up a fair amount in the past year.
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It was ARK Innovation ETF (NYSEARCA: ARKK) that added 722,344 shares of Robinhood. At Wednesday’s closing price, this would have valued this purchase at roughly $26.8 million. This is only a small fraction of the total holdings. The ETF is up roughly 36% in the past year.
Check out all of ARK Invest’s buys for Wednesday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | TWLO | TWILIO | 44,149 |
ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 31,397 |
ARKG | ALLO | ALLOGENE THERAPEUTICS | 71,729 |
ARKG | EXAS | EXACT SCIENCES | 136,157 |
ARKG | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 54,000 |
ARKK | TDOC | TELADOC HEALTH | 4,660 |
ARKK | ZM | ZOOM VIDEO COMMUNICATIONS | 195,009 |
ARKK | PATH | UIPATH | 176,694 |
ARKK | NTLA | INTELLIA THERAPEUTICS | 17,745 |
ARKK | HOOD | ROBINHOOD MARKETS | 722,344 |
ARKK | EXAS | EXACT SCIENCES | 507,479 |
ARKK | DKNG | DRAFTKINGS | 193,482 |
ARKK | BEAM | BEAM THERAPEUTICS | 24,803 |
ARKK | TWLO | TWILIO | 145,742 |
ARKQ | BLDE | BLADE AIR MOBILITY | 2,376 |
ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 9,008 |
ARKQ | NIU | NIU TECHNOLOGIES | 10,200 |
ARKW | TWLO | TWILIO | 37,135 |
ARKW | LPSN | LIVEPERSON | 290,045 |
ARKW | GENI | GENIUS SPORTS | 42,500 |
ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 31,368 |
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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