Cathie Wood-led ARK Investment Management bought a huge stake in financial services company $Robinhood (HOOD.US)$ on a day when the stock corrected over 3%. Funds operated by ARK purchased over 562,800 shares of the company at an estimated valuation of over $5.3 million based on Thursday's closing price.
The purchase was conducted via the $ARK Innovation ETF (ARKK.US)$, the $ARK Next Generation Internet ETF (ARKW.US)$ and the $ARK Fintech Innovation ETF (ARKF.US)$.
Robinhood shares have risen over 8% in the last month and have registered about 17% gains since the beginning of the year, according to Benzinga Pro. It is the 7th largest holding of ARKF with a weight of 4.58%.
The company appears to be pushing the boundaries of the fintech space with its strategic acquisition of San Francisco-based X1, a platform that offers a no-fee credit card. Robinhood said it expects the final merger consideration to be approximately $95 million in cash.
Earlier this month, Robinhood had declared its user metrics for May with net cumulative funded accounts coming in at 23.1 million, up approximately 20,000 compared to April 2023. The company said while customers placing trades increased in May versus April, monthly active users declined to 10.6 million, down approximately 900,000 from April 2023.
Major Sale: ARK offloaded over 163,000 shares of sports betting company $DraftKings (DKNG.US)$ at an estimated valuation of over $4.1 million based on Thursday's closing price. DraftKings shares have risen over 130% since the beginning of this year.
凯西·伍德-主导方舟投资管理公司收购了金融服务公司的大量股份罗宾汉市场公司(纳斯达克:HOD)在股价回调超过3%时。方舟运营的基金购买了超过56.28万股该公司股票,根据周四的收盘价估计估值超过530万美元。
购买是通过方舟创新ETF(纽约证券交易所股票代码:ARKK),方舟下一代互联网ETF(纽约证券交易所代码:ARKW)和方舟金融科技创新ETF(纽约证券交易所代码:ARKF)。
另请阅读:如何购买方舟创新(Arkk)ETF
根据Benzinga Pro的数据,罗宾汉的股价在过去一个月里上涨了8%以上,自今年年初以来已经上涨了约17%。是7号这是持有ARKF的最大比重为4.58%。
该公司似乎正在突破金融科技空间的界限,对总部位于旧金山的公司进行战略收购X1,一个提供免费信用卡的平台。罗宾汉表示,预计最终合并对价约为9500万美元现金。
本月早些时候,Robinhood公布了5月份的用户指标,净累计资金账户达到2310万,比2023年4月增加了约2万。该公司表示,虽然5月份进行交易的客户比4月份有所增加,但月度活跃用户下降到1060万,比2023年4月减少了约90万。
大减价:方舟出售了超过163,000股体育博彩公司股票DraftKings Inc.(纳斯达克:DKNG),基于周四收盘价估计估值超过410万美元。自今年年初以来,DraftKings的股价已经上涨了130%以上。
接下来阅读:比特币触及3万美元,接近2023年的高点,自2022年的低点以来上涨了近100%:加密之王还能走多远?