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Ark Invest increased its holdings of Robinhood shares by nearly $2 million yesterday and reduced its holdings of Coinbase shares by more than $4.9 million.

Cathie Wood's Ark Invest increased its holdings of 221,759 shares of Robinhood stock HOOD (valued at nearly $2 million based on Wednesday's closing price) through its ARK Fintech Innovation ETF (ARKF) on Wednesday (November 29), while reducing its holdings of 38,668 shares of Coinbase stock COIN (valued at over $4.9 million).

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