Fund manager Cathie Wood’s Wood’s ARK Innovation ETF disclosed this week that it held around 4.9 million shares of Robinhood stock. This represents a weighting of 0.82% in the fund. Robinhood stock closed up 24.2% at 46.80 in the stock market today, putting the value of Wood’s holdings at $230 million. CNBC’s Jim Kramer also … Continue reading “Robinhood Shares Explode After Cathie Wood Reveals a Buy”
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Cathie Wood’s Ark Files to Create a Bitcoin Exchange Traded Fund
It looks like Cathie Woods' Ark Invest is really wanting to be on the cryptocurrency…
June 28, 2021