Ark Invest buys $14 million worth of Robinhood shares following $9 million purchase last Friday
Cathie Wood's Ark Invest purchased $14.2 million worth of Robinhood Markets shares for one of its exchange-traded funds as it continues adjusting its exposure to crypto-related stocks.The Ark Innovation ETF (ARKK) acquired 123,336 shares of Robinhood on Monday, increasing the stock's weighting to 4.…