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.
凱西·伍德-主導方舟投資管理公司收購了金融服務公司的大量股份羅賓漢市場公司(納斯達克:HOD)在股價回調超過3%時。方舟運營的基金購買了超過56.28萬股該公司股票,根據週四的收盤價估計估值超過530萬美元。
購買是通過方舟創新ETF(紐約證券交易所股票代碼:ARKK),方舟下一代互聯網ETF(紐約證券交易所代碼:ARKW)和方舟金融科技創新ETF(紐約證券交易所代碼:ARKF)。
另請閱讀:如何購買方舟創新(Arkk)ETF
根據Benzinga Pro的數據,羅賓漢的股價在過去一個月裡上漲了8%以上,自今年年初以來已經上漲了約17%。是7號這是持有ARKF的最大比重為4.58%。
該公司似乎正在突破金融科技空間的界限,對總部位於舊金山的公司進行戰略收購X1,一個提供免費信用卡的平臺。羅賓漢表示,預計最終合併對價約為9500萬美元現金。
本月早些時候,Robinhood公佈了5月份的用戶指標,淨累計資金賬戶達到2310萬,比2023年4月增加了約2萬。該公司表示,雖然5月份進行交易的客戶比4月份有所增加,但月度活躍用戶下降到1060萬,比2023年4月減少了約90萬。
大減價:方舟出售了超過163,000股體育博彩公司股票DraftKings Inc.(納斯達克:DKNG),基於週四收盤價估計估值超過410萬美元。自今年年初以來,DraftKings的股價已經上漲了130%以上。
接下來閱讀:位元幣觸及3萬美元,接近2023年的高點,自2022年的低點以來上漲了近100%:加密之王還能走多遠?