Cathie Wood is on the move again as she continues to make changes to her portfolio. This time, she added 203,107 shares of Unity Software (NYSE:U) while offloading 347,286 shares of DraftKings (NASDAQ:DKNG). When breaking down Cathie Wood’s moves by specific ETFs, the trades are as follows:
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- ARK Innovation ETF (ARKK): 154,387 U shares, 295,139 DKNG shares
- ARK Next Generation Internet ETF (ARKW): 25,467 U shares, 52,147 DKNG shares
- ARK Next Generation Internet ETF (ARKQ): 18,205 U shares
- ARK Space Exploration & Innovation ETF (ARKX): 5,408 U shares
Cathie Wood’s moves appear to be in line with Wall Street’s expectations. Indeed, analysts expect more upside potential from Unity stock at almost 37% compared to the roughly 24% for DKNG stock.
