Cathie Wood's ARK funds bought $65 million more of Robinhood stock

Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company's IPO in New York City, U.S., July 29, 2021.
Andrew Kelly | Reuters

Robinhood is proving to be a high conviction pick for ARK Invest's Cathie Wood as the innovation investor loads up on shares in her funds.