CoinStats - Ark Invest Sells $7.5 Million in Robinhood St...

Cathie Wood Sells Robinhood Stock, Doubles Down On This George Soros-Backed AI Stock - ARK Innovation ETF

On Wednesday. Cathie Wood-led Ark Invest made significant trades involving Robinhood Markets Inc (NASDAQ:HOOD) and Kodiak AI Inc (NGM: KDK). The Robinhood Trade Ark Invest’s flagship fund, ARK Innovation ETF (BATS:ARKK), executed a notable sale of 89,915 Robinhood shares on Wednesday. The sale, valued at approximately $7.8 million, comes amid Robinhood’s recent positive performance. Robinhood’s stock has been on the rise following its May tradin…

CoinStats - Ark Invest Sells $7.5 Million in Robinhood St...

BitcoinWorld Ark Invest Sells $7.5 Million in Robinhood Stock in Portfolio Adjustment Ark Invest, the asset management firm led by Cathie Wood, sold approximately $7.53 million worth of Robinhood Markets stock on June 10, according to data from ArkInvestTracker. The transaction reflects a routine portfolio rebalancing move by the firm, which is known for its active management of exchange-traded funds focused on disruptive innovation. Details of …