Cathie Wood’s ARK Invest Buys Over 330,000 Shares of Robinhood
One of Cathie Wood's ARK Invest exchange-traded funds bought over 330,000 shares of Robinhood on November 16.
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 330,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD | HOOD Price Prediction) 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.
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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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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.
