On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Palantir Technologies Inc.

(NASDAQ:PLTR) and Cerebras Systems Inc.

(NASDAQ:CBRS).

The Palantir Trade Ark Invest made a notable move by selling shares of Palantir across its ARK Innovation ETF (BATS:ARKK) and ARK Next Generation Internet ETF (BATS:ARKW).

The sale involved 28,675 shares in ARKK and 15,199 shares in ARKW.