Key Points Cathie Wood's flagship fund bought Robinhood shares twice in early September, after a summer of selling. Customers traded 4.7 billion event contracts in August, 15 times the year-ago total. Customers' margin balances have climbed 72% over the past year, to $21.5 billion. 10 stocks we like better than Robinhood Markets › Cathie Wood's ARK Invest went back to Robinhood (NASDAQ:HOOD) this month. The firm bought 28,589 shares of the brokerage for its flagship ARK Innovation ETF on Sept. 4, then added 27,083 more on the first trading day after the Labor Day break. The purchases mark a reversal. ARK sold Robinhood shares for much of the summer, unloading a big block in July and selling again as recently as Aug. 26.
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