One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 330,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) on Tuesday. The price of this ETF was less than 1% higher in Tuesday’s session, and it is up a fair amount in the past year.
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It was ARK Next Generation Internet ETF (NYSEARCA: ARKW) that added 331,820 shares of Robinhood. At Tuesday’s closing price, this would have valued this purchase at roughly $11.2 million. This is only a small fraction of the total holdings. The ETF is up roughly 33% in the past year.
Check out all of ARK Invest’s buys for Tuesday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | PAGS | PAGSEGURO DIGITAL | 226,233 |
| ARKF | TOST | TOAST | 42,200 |
| ARKF | TWLO | TWILIO | 9,700 |
| ARKG | QSI | QUANTUM-SI | 16,548 |
| ARKG | ONEM | 1LIFE HEALTHCARE | 147,849 |
| ARKG | BNR | BURNING ROCK BIOTECH | 18,500 |
| ARKG | BFLY | BUTTERFLY NETWORK | 319,350 |
| ARKG | ALLO | ALLOGENE THERAPEUTICS | 11,991 |
| ARKK | NTLA | INTELLIA THERAPEUTICS | 4,720 |
| ARKK | MTLS | MATERIALISE | 36,476 |
| ARKK | BEAM | BEAM THERAPEUTICS | 3,600 |
| ARKQ | ACHR | ARCHER AVIATION | 329,229 |
| ARKQ | TSP | TUSIMPLE | 21,535 |
| ARKQ | TWOU | 2U | 13,500 |
| ARKQ | VLD | VELO3D | 27,951 |
| ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 23,956 |
| ARKW | TWOU | 2U | 28,000 |
| ARKW | HOOD | ROBINHOOD MARKETS | 331,820 |
| ARKX | GRMN | GARMIN | 1,812 |
| ARKX | MKFG | MARKFORGED | 19,098 |
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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