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Cathie Wood's Ark Invest made a large purchase of Robinhood shares yesterday, valued at nearly $39.43 million.
Yesterday, Ark Invest, owned by Cathie Wood, increased its investment again, adding 553,892 shares of Robinhood stock, worth approximately $39.43 million.
Specifically, ARKK increased by 469,858 shares, ARKW increased by 55,939 shares, and ARKF increased by 28,095 shares.
This move demonstrates Ark Invest's strong confidence in Robinhood's future development.
In market turbulence, institutional investors like Ark Invest are precisely capturing opportunities and actively positioning for companies with future growth potential.