ARK Invest's Recent Portfolio Changes: Impact of Reducing Robinhood Stock and Enhancing AMD and Guardant Health Holdings
Wednesday, 29 May 2024, 22:06
Cathie Wood's ARK Invest Portfolio Adjustments
In a notable strategic maneuver, Cathie Wood's ARK Invest has made significant changes to its portfolio holdings.
Reduction in Robinhood Stock
- Cathie Wood has decided to shed Robinhood stock, reducing exposure to the popular trading platform.
Increase in AMD and Guardant Health
- AMD and Guardant Health have seen an increase in allocation within ARK's portfolio.
This portfolio adjustment reflects ARK's strategic shift towards growth opportunities in the technology and healthcare sectors, potentially indicating a bullish outlook on AMD and Guardant Health.
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