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Ark Invest, led by Cathie Wood, made significant trades on Thursday, focusing on Robinhood Markets Inc (NASDAQ:HOOD) and Joby Aviation Inc (NYSE:JOBY). These trades come amidst recent developments and market movements for both companies.
The Robinhood Trade
Ark Invest making a substantial purchase of Robinhood shares across multiple ETFs.The ARK Innovation ETF (BATS:ARKK) acquired 158,259 shares, while ARK Blockchain & Fintech Innovation ETF (BATS:ARKF) and ARK Next Generation Internet ETF (BATS:ARKW) added 5,267 and 20,407 shares, respectively.
This purchase follows Robinhood’s recent launch of its Platinum credit card and custodial accounts, which has generated market interest. The …
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