10 Days
Source:
الاقتصادية
Kathy Wood Gains from Robinhood and Boosts Defense Investment
Cathy Wood's ARK InVivo Fund reduced its holdings in Robinhood stock after a 11.15% increase, closing at $94.30. It sold approximately 144,200 shares, booking unrealized profits, while still holding a substantial position of around 5.48 million shares valued at approximately $465 million. Meanwhile, the company boosted its investments in defense and drone technology companies, such as Kratos, while reducing its stakes in other firms like TeraDyn and Intercontinental Exchange as part of a portfolio rebalancing strategy. The aim is to focus on future growth sectors, especially defense and unmanned technologies.
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