arkk stock robinhood - ARK Invest Buys $12.7M in Robinhood Shares, HOOD Stock Rises 9%
On-chain data shows ARK Invest bought $12.7 million in Robinhood (HOOD) shares on April 7, 2026. The firm added 182,641 HOOD shares across its ETFs, mostly through ARKK. HOOD stock climbed 9.48% in pre-market trading on April 8. The move followed Robinhood’s announcement of its role in the U.S. government’s “Trump Accounts” initiative for children, set to launch in summer 2026. On-chain analysis confirms the transaction was executed via multiple ARK funds.