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Ark Invest Reshuffles Portfolio, Sells Robinhood Shares and Buys BitMine Stock
Yahoo Finance·2025-09-09 22:09

Cathie Wood-led Ark Invest has carried out its routine portfolio rebalancing, leading to the purchase of some BitMine Immersion Technologies (BMNR) stock. Shares of Robinhood Markets Inc. (NASDAQ: HOOD), which were recently added to the S&P 500 index, were offloaded by the asset management firm. BitMine Stocks Record Price Gain Ark Invest recently cut down on its stake in Robinhood’s stock to accommodate Tom Lee’s BMNR, making a notable pivot in the firm’s financial portfolio. The acquisition of 101,95 ...