Cathie Wood's position in Robinhood Markets is currently worth $554 Million. That's 5.63% of their entire equity portfolio (5th largest holding). The investor owns 2.74% of the outstanding Robinhood Markets stock. The first Robinhood Markets trade was made in Q3 2021. Since then Cathie Wood bought shares seven more times and sold shares on seven occasions. The stake costed the investor $275 Million, netting the investor a gain of 101% so far.
https://www.investing.com/news/stock-market-news/cathie-woods-ark-makes-major-moves-in-tesla-stock-sells-robinhood-93CH-3360748
ARK Invest purchased over 105,000 shares of Tesla while simultaneously selling off COIN shares worth over $25 million Wednesday.
The post Ark Invest Is Selling Coinbase Shares To Buy Robinhood Shares appeared on BitcoinEthereumNews.com . Ark Invest acquired Robinhood shares by selling ...
The recent COIN share sale by ARK''s Fintech Innovation exchange-traded fund (ETF) is the biggest since July 25, 2023, when the ARK Next Generation Internet ...