ARK Innovation ETF Takes Profits in Robinhood, Boosts Kratos Defense Bet
ARKK•ARK Innovation ETF sold 144,218 Robinhood shares as stock rallied 11.15% to $94.30, reducing its position in the trading platform. The firm deployed proceeds to buy Kratos Defense across three ETFs while trimming Teradyne and Intercontinental Exchange stakes.
1. Robinhood Profit-Taking
ARK Innovation ETF sold 144,218 Robinhood shares, representing about 0.19% of the fund, as HOOD closed at $94.30 following an 11.15% rally. The sale locked in gains from an extended rally while reducing exposure to the trading platform.
2. Kratos Defense Additions
Across ARKK, ARKQ and ARKX, the firm bought shares of Kratos Defense & Security Solutions, making KTOS the most consistent buy of the session. The move reflects a strategic shift into defense and drone technology within its aerospace and robotics themes.
3. Portfolio Trims in Teradyne and ICE
ARK trimmed Teradyne positions in both ARKQ and ARKX and sold a small Intercontinental Exchange stake in ARKF. On the prior day, ARKF also added Futu Holdings, indicating multi-day fintech reallocations.
4. Overall Robinhood Exposure
Despite the sale, ARK still holds 5.48 million Robinhood shares valued at roughly $465 million across three ETFs. The total stake fell 63% from end-2024 to end-2025 but was increased by 24.9% in Q1 2026, highlighting an active trading approach.
