Two ARK Invest exchange-traded funds run by ETF star Cathie Wood have bought nearly $25 million worth of shares of Robinhood Markets Inc. (NASDAQ: HOOD). These funds added over 900,000 more shares altogether on Monday. This was as prices of these ETFs gained less than 1% in Monday’s session, though these funds are somewhat mixed over the past year.
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ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 342,346 shares of Robinhood, and ARK Innovation ETF (NYSEARCA: ARKK) purchased 572,717 shares. At Monday’s closing price, this would value these purchases at roughly $24.8 million altogether. This is only a small fraction of the total holdings. The fintech fund is up 2% in the past year, while the innovation ETF is down closer to 3%.
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Check out all of ARK Invest’s buys for Monday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | DSYFP | DASSAULT SYSTEMES | 62,220 |
| ARKF | TWLO | TWILIO | 35,477 |
| ARKF | TDOC | TELADOC HEALTH | 1,400 |
| ARKF | HOOD | ROBINHOOD MARKETS | 342,346 |
| ARKF | DSYSJ | DISCOVERY | 62,220 |
| ARKG | TDOC | TELADOC HEALTH | 2,650 |
| ARKG | SURF | SURFACE ONCOLOGY | 112,100 |
| ARKG | SGFY | SIGNIFY HEALTH | 56,672 |
| ARKG | SDGR | SCHRODINGER | 116,488 |
| ARKG | ONEM | 1LIFE HEALTHCARE | 123,471 |
| ARKG | MASS | 908 DEVICES | 7,800 |
| ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 29,252 |
| ARKK | TRMB | TRIMBLE | 62,409 |
| ARKK | TDOC | TELADOC HEALTH | 8,800 |
| ARKK | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 419,669 |
| ARKK | MTLS | MATERIALISE | 22,287 |
| ARKK | HOOD | ROBINHOOD MARKETS | 572,717 |
| ARKQ | ACHR | ARCHER AVIATION | 34,547 |
| ARKQ | BLDE | BLADE AIR MOBILITY | 102,325 |
| ARKQ | BYDDY | BYD | 29,094 |
| ARKQ | MKFG | MARKFORGED | 119,451 |
| ARKQ | PLTR | PALANTIR TECHNOLOGIES | 475,825 |
| ARKQ | VLD | VELO3D | 167,644 |
| ARKW | CND | CONCORD ACQUISITION | 74,475 |
| ARKW | NNDM | NANO DIMENSION | 367,949 |
| ARKW | TDOC | TELADOC HEALTH | 2,300 |
| ARKW | VCYT | VERACYTE | 45,574 |
| ARKX | IRDM | IRIDIUM COMMUNICATIONS | 60,285 |
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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