Cathie Wooden’s Ark Funding Administration is again to purchasing
Robinhood
Markets inventory for the primary time in months. With the dealer and buying and selling platform reporting earnings this week, traders will see if the guess pays off or turns bitter within the quick time period.
Two of Ark’s exchange-traded funds (ETFs), the
Ark Fintech Innovation ETF
(ticker: ARKF) and
ARK Next Generation Internet ETF
(ARKW) have added hundreds of thousands of {dollars} price of shares in
Robinhood
(HOOD) over the previous week or so.