Ark Invest, led by Cathie Wood, made significant trades on Wednesday involving Robinhood Markets Inc (NASDAQ:HOOD) and Zoom Video Communications Inc (NASDAQ:ZM).
Robinhood said it had 24.1 million funded customers at the end of May, up approximately 120,000 from April and up 960,000 on a year-over-year basis. Net Deposits were $3.6 billion in May and $29.4 billion over the last 12 months. Assets Under Custody at the end of the month were $135 billion, up 9% from April and up 65% year-over-year.
Funded Customers at the end of May were 24.1 million (up approximately 120 thousand from April 2024, up 960 thousand year-over-year). Assets Under Custody (AUC) at the end of May were $135.0 billion (up 9% from
On Monday, Cathie Wood-led Ark Invest made a significant move by reducing its holdings in Robinhood Markets Inc (NASDAQ:HOOD). This decision came amidst a period of market fluctuations and followed a recent trend of the investment firm adjusting its portfolio.