ARK Invest Adds Robinhood, Boosts Solana Exposure Amid Portfolio Adjustments

Cathie Wood's ARK Invest made notable portfolio adjustments on September 4. The firm bought 28,589 shares of Robinhood Markets through its ARK Innovation ETF (ARKK), representing 0.0528% of the total ETF at the time.

The purchase followed a significant gain in Robinhood shares, but ARK's trade notification does not explain why it made this investment decision.

ARK also added units of the 3iQ Solana Staking ETF (SOLQ.U), purchasing 1,785 units through its Next Generation Internet ETF (ARKW) and 1,607 units through its Fintech Innovation ETF (ARKF).

The firm adjusted several healthcare holdings as well, buying shares of Veracyte and Intellia Therapeutics, while selling shares of Tempus AI and Twist Bioscience.