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ARK Invest buys Robinhood shares as HOOD logs strong week

Cathie Wood-led ARK Invest bought Robinhood Markets (HOOD) shares on Friday. ARK’s daily trade report showed ARKK purchased 28,589 HOOD shares, about 0.0528% of the fund.

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Cathie Wood-led ARK Invest bought shares of Robinhood Markets (HOOD) on Friday, as the stock saw its third best-week in half a year.ARK’s daily trade report showed that the ARK Innovation ETF (ARKK) bought 28,589 Robinhood shares on Friday.

The trade made up about 0.0528% of the fund.This comes as…