Robinhood Markets (HOOD) stock, valued at $20 billion by market cap, is a key holding in fund manager Cathie Wood’s portfolio. HOOD accounts for roughly 4.9% of Wood's flagship Ark Innovation ETF (ARKK), making it the fund's No. 7 holding by weight.
While shares of the trading platform have gained 74.1% year-to-date, thanks in large part to investor optimism over its crypto exposure, HOOD is still down 73.9% from all-time highs.
