Cathie Wood’s ARK Invest Buys Nearly 500,000 More Shares of Robinhood

Two ARK Invest exchange-traded funds run by ETF star Cathie Wood have bought nearly $14 million worth of shares of Robinhood Markets Inc. (NASDAQ: HOOD). These funds added nearly 500,000 more shares altogether on Tuesday. This was as prices of these ETFs gained around 2% in Tuesday’s session, though these funds are up a fair amount in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 278,355 shares of Robinhood, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 221,389 shares. At Tuesday’s closing price, this would value these purchases at roughly $13.8 million altogether. This is only a small fraction of the total holdings. The funds are up between 5% and 10% in the past year.

Check out all of ARK Invest’s buys for Tuesday:

FundTickerNameShares
ARKFDKNGDRAFTKINGS313,699
ARKFTOSTTOAST136,697
ARKFSTNESTONECO517,833
ARKFHOODROBINHOOD MARKETS278,355
ARKGSURFSURFACE ONCOLOGY93,013
ARKGSDGRSCHRODINGER177,712
ARKGPACBPACIFIC BIOSCIENCES OF CALIFORNIA352,967
ARKGBNRBURNING ROCK BIOTECH96,815
ARKGBFLYBUTTERFLY NETWORK586,994
ARKGADPTADAPTIVE BIOTECHNOLOGIES615,945
ARKKZMZOOM VIDEO COMMUNICATIONS538,573
ARKKNVTAINVITAE282,668
ARKKMTLSMATERIALISE84,768
ARKKEXASEXACT SCIENCES411,502
ARKKCRSPCRISPR THERAPEUTICS64,595
ARKQVLDVELO3D898,684
ARKQNIUNIU TECHNOLOGIES12,917
ARKQMKFGMARKFORGED142,070
ARKQACHRARCHER AVIATION668,983
ARKWZMZOOM VIDEO COMMUNICATIONS106,537
ARKWVUZIVUZIX183,465
ARKWROKUROKU40,801
ARKWNNDMNANO DIMENSION986,600
ARKWMNDYMONDAY.COM45,756
ARKWHOODROBINHOOD MARKETS221,389
ARKWGENIGENIUS SPORTS881,741
ARKWCNDCONCORD ACQUISITION235,842
ARKXPLTRPALANTIR TECHNOLOGIES51,576

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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