Cathie Wood unloads nearly 1.5M shares of HOOD as it hits 52-week high

seekingalpha10-09

Cathie Wood and ARK Invest unloaded nearly 1.5M shares of Robinhood Markets (NASDAQ:HOOD) on Tuesday after the fintech stock popped to a new 52-week high and ended up 9.8%. HOOD's advance was driven ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2474122593?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1291817102/image_1291817102.jpg","is_english":true,"pubTime":"2024-10-09 21:14","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2474122593","market":"sg","top_or_hot":-1,"title":"Cathie Wood unloads nearly 1.5M shares of HOOD as it hits 52-week high","media":"seekingalpha","content":"<div>\n<p>Cathie Wood and ARK Invest unloaded nearly 1.5M shares of Robinhood Markets (NASDAQ:HOOD) on Tuesday after the fintech stock popped to a new 52-week high and ended up 9.8%. HOOD's advance was driven ...</p>\n\n<a href=\"https://seekingalpha.com/news/4157233-cathie-wood-unloaded-nearly-15m-shares-of-hood-as-it-hits-52-week-high\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood unloads nearly 1.5M shares of HOOD as it hits 52-week high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood unloads nearly 1.5M shares of HOOD as it hits 52-week high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-09 21:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4157233-cathie-wood-unloaded-nearly-15m-shares-of-hood-as-it-hits-52-week-high><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood and ARK Invest unloaded nearly 1.5M shares of Robinhood Markets (NASDAQ:HOOD) on Tuesday after the fintech stock popped to a new 52-week high and ended up 9.8%. HOOD's advance was driven ...</p>\n\n<a href=\"https://seekingalpha.com/news/4157233-cathie-wood-unloaded-nearly-15m-shares-of-hood-as-it-hits-52-week-high\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1861558580.USD","symbol_name":"日兴方舟颠覆性创新基金B","start_time":0,"source_url":"https://seekingalpha.com/news/4157233-cathie-wood-unloaded-nearly-15m-shares-of-hood-as-it-hits-52-week-high","article_id":"2474122593","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1291817102/image_1291817102.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2474122593","pubTimestamp":1728479675,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Cathie Wood and ARK Invest unloaded nearly 1.5M shares of Robinhood Markets  on Tuesday after the fintech stock popped to a new 52-week high and ended up 9.8%. HOOD's advance was driven by the stock and crypto trading app's announcement that it would hold its first investor day on Dec. 4, 2024. As a result of the topside move, Wood and her team sold a total of 1.42M shares of HOOD across three of the firm's actively managed exchange-traded funds. Wood’s flagship fund ARK Innovation ETF  sold the lion's share of HOOD as the fund disposed off 1.09M shares, followed by ARK Next Generation Internet ETF  and ARK Fintech Innovation ETF  which sold 191K and 135K shares, respectively. Currently, HOOD is listed as ARKK’s seventh-largest holding with a portfolio weighting of 4.91%, while ARKW labels HOOD as its seventh-largest holding as well with an allocation of 4.89%. Furthermore, shares of ARKF classify HOOD as the fund’s fifth-largest position at 4.93%. Year-to-date price action: HOOD +101.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4127":"投资银行业与经纪业","ARKF":"ARK Fintech Innovation ETF","BK4547":"WSB热门概念","ARKW":"ARK Next Generation Internation ETF","BK4544":"ARK ETF合集","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4539":"次新股","BK4588":"碎股","ARKK":"ARK Innovation ETF","HOOD":"Robinhood","BK4585":"ETF&股票定投概念"},"translate_title":"Cathie Wood在HOOD触及52周高点时抛售了近150万股股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKF":0.9,"ARKK":0.9,"ARKW":0.9,"HOOD":0.9},"content_text":"Cathie Wood and ARK Invest unloaded nearly 1.5M shares of Robinhood Markets (NASDAQ:HOOD) on Tuesday after the fintech stock popped to a new 52-week high and ended up 9.8%. HOOD's advance was driven by the stock and crypto trading app's announcement that it would hold its first investor day on Dec. 4, 2024. As a result of the topside move, Wood and her team sold a total of 1.42M shares of HOOD across three of the firm's actively managed exchange-traded funds. Wood’s flagship fund ARK Innovation ETF (NYSEARCA:ARKK) sold the lion's share of HOOD as the fund disposed off 1.09M shares, followed by ARK Next Generation Internet ETF (NYSEARCA:ARKW) and ARK Fintech Innovation ETF (NYSEARCA:ARKF) which sold 191K and 135K shares, respectively. Currently, HOOD is listed as ARKK’s seventh-largest holding with a portfolio weighting of 4.91%, while ARKW labels HOOD as its seventh-largest holding as well with an allocation of 4.89%. Furthermore, shares of ARKF classify HOOD as the fund’s fifth-largest position at 4.93%. Year-to-date price action: HOOD +101.1%, ARKK -10.9%, ARKW +12.2%, and ARKF +8.7%.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2474122593"}