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Cathie Wood's Ark Invest stakes $21 million on Robinhood in portfolio moves

Cathie Wood's Ark Invest has added more positions to its portfolio, purchasing $21.3 million worth of Robinhood Markets shares through two of its exchange-traded funds, according to a Wednesday disclosure. The investment firm's ARK Innovation ETF and ARK Next Generation Internet ETF collectively acquired 167,489 Robinhood shares. Based on Robinhood's closing price of $127.22 per [...]

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