ARK Invest Buys the Dip on Robinhood, Investing $9.1 Million to Increase Stake
Source:
www.coindesk.com
According to CoinDesk, Ark Invest, led by Cathie Wood, purchased approximately $9.1 million worth of Robinhood (HOOD) shares on Wednesday, adding a total of 99,418 shares across the ARKK, ARKW, and ARKF ETFs. This marks Ark's largest Robinhood stock purchase since April 29, as well as its first increase in holdings since September 8.