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2021-09-21
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Cathie Wood's Ark Raises Stakes In Crypto Plays Robinhood, Coinbase — And Other Keys Trades From Monday
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Besides the two ETFs, the <b><a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internet ETF</a></b> too owns shares in the company.</p>\n<p>The three ETFs held a total of 8 million shares —worth $326 million — in Robinhood as of Monday’s trades.</p>\n<p>Here are some of the other key trades for Ark on Monday:</p>\n<p>Bought 96,251 shares — estimated to be worth $22.7 million — in <b>CoinbaseGlobalInc</b>. Shares of the cryptocurrency exchange closed 3.53% lower at $236.53 on Monday.</p>\n<ul>\n <li>Bought 54,479 shares — estimated to be worth $15.3 million — in <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a></b> <b>Video</b> <b><a href=\"https://laohu8.com/S/JCS\">Communications</a></b> <b>Inc</b>. Shares of the video calling company closed 2.44% lower at $280.67.</li>\n <li>Sold 2,605 shares — estimated to be worth $8.74 — in <b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> Inc</b> the day shares of the e-commerce company closed 3.08% lower at $3,355.73.</li>\n <li>Sold 10,400 shares — estimated to be worth $2.2 million — in <b><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a></b>. Shares of NVIDIA closed 3.59% lower at $211.13.</li>\n</ul>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Ark Raises Stakes In Crypto Plays Robinhood, Coinbase — And Other Keys Trades From Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Raises Stakes In Crypto Plays Robinhood, Coinbase — And Other Keys Trades From Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-21 17:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Cathie Wood</b>- led <b>Ark Invest</b> on Monday further raised its exposure in <b>Robinhood</b> <b>MarketsInc</b>(NASDAQ:HOOD) on the dip.</p>\n<p>The popular money managing firm bought 404,020 shares — estimated to be worth $16.4 million in Robinhood — on the day shares of the company closed 3.96% lower at $40.70 a share.</p>\n<p>As per reports, Robinhood is testing a highly-anticipated featurethat would allow users the ability to transfer cryptocurrencies supported on the app like<b>Bitcoin</b>(CRYPTO: BTC), <b>Ethereum</b>(CRYPTO: ETH) and <b>Dogecoin</b>(CRYPTO: DOGE).</p>\n<p>The New York-based investment manager bought shares in Robinhood via the <b><a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> </b>and the <b><a href=\"https://laohu8.com/S/ARKF\">ARK Fintech Innovation ETF</a></b>. Besides the two ETFs, the <b><a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internet ETF</a></b> too owns shares in the company.</p>\n<p>The three ETFs held a total of 8 million shares —worth $326 million — in Robinhood as of Monday’s trades.</p>\n<p>Here are some of the other key trades for Ark on Monday:</p>\n<p>Bought 96,251 shares — estimated to be worth $22.7 million — in <b>CoinbaseGlobalInc</b>. Shares of the cryptocurrency exchange closed 3.53% lower at $236.53 on Monday.</p>\n<ul>\n <li>Bought 54,479 shares — estimated to be worth $15.3 million — in <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a></b> <b>Video</b> <b><a href=\"https://laohu8.com/S/JCS\">Communications</a></b> <b>Inc</b>. Shares of the video calling company closed 2.44% lower at $280.67.</li>\n <li>Sold 2,605 shares — estimated to be worth $8.74 — in <b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> Inc</b> the day shares of the e-commerce company closed 3.08% lower at $3,355.73.</li>\n <li>Sold 10,400 shares — estimated to be worth $2.2 million — in <b><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a></b>. Shares of NVIDIA closed 3.59% lower at $211.13.</li>\n</ul>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","ARKK":"ARK Innovation ETF","ARKW":"ARK Next Generation Internation ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198860415","content_text":"Cathie Wood- led Ark Invest on Monday further raised its exposure in Robinhood MarketsInc(NASDAQ:HOOD) on the dip.\nThe popular money managing firm bought 404,020 shares — estimated to be worth $16.4 million in Robinhood — on the day shares of the company closed 3.96% lower at $40.70 a share.\nAs per reports, Robinhood is testing a highly-anticipated featurethat would allow users the ability to transfer cryptocurrencies supported on the app likeBitcoin(CRYPTO: BTC), Ethereum(CRYPTO: ETH) and Dogecoin(CRYPTO: DOGE).\nThe New York-based investment manager bought shares in Robinhood via the ARK Innovation ETF and the ARK Fintech Innovation ETF. Besides the two ETFs, the ARK Next Generation Internet ETF too owns shares in the company.\nThe three ETFs held a total of 8 million shares —worth $326 million — in Robinhood as of Monday’s trades.\nHere are some of the other key trades for Ark on Monday:\nBought 96,251 shares — estimated to be worth $22.7 million — in CoinbaseGlobalInc. Shares of the cryptocurrency exchange closed 3.53% lower at $236.53 on Monday.\n\nBought 54,479 shares — estimated to be worth $15.3 million — in Zoom Video Communications Inc. Shares of the video calling company closed 2.44% lower at $280.67.\nSold 2,605 shares — estimated to be worth $8.74 — in Amazon.com Inc the day shares of the e-commerce company closed 3.08% lower at $3,355.73.\nSold 10,400 shares — estimated to be worth $2.2 million — in NVIDIA Corp. 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