π Cathie Wood-led ARK Investment Management bought over a million shares of financial services company Robinhood Markets at an estimated valuation of about $10 million based on Tuesday's closing price.
The purchase was done via the ARK Next Generation Internet ETF ARKW. Robinhood is the 16th largest holding in the fund with a weight of 2.74% according to ARK's website. Find out more at the π in bio. benzinga
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