Key HighlightsCathie Wood’s ARK Innovation ETF divested portions of Palantir and AMD holdings in recent trading activity.The fund purchased approximately $3.35 million worth of Archer Aviation shares.Despite recent sales, both Palantir and AMD maintain significant positions within the ETF.Archer Aviation recently announced its acquisition of Boeing divisions including Insitu, SkyGrid, and Wisk Aero.The deal structure grants Boeing a 16.5% equity position in Archer.ARK Invest, led by [[LINK_START_1]]Cathie Wood[[LINK_END_1]], has strategically decreased its holdings in Palantir Technologies and Advanced Micro Devices while simultaneously expanding its investment in Archer Aviation.Palantir Technologies Inc., PLTRThese portfolio adjustments occurred within the ARK Innovation ETF, the firm’s primary investment vehicle.The fund offloaded shares in both Palantir and AMD, redirecting approximately $3.35 million into Archer Aviation equity.These transactions reflect ARK’s ongoing strategy of rebalancing allocations among technology, artificial intelligence, and next-generation transportation ventures.Strategic Reduction in Palantir and AMD HoldingsDespite the recent divestment, both Palantir and AMD continue to represent substantial holdings within the ARK Innovation ETF.Palantir currently occupies the 11th position among the fund’s largest investments, with AMD holding the 12th spot.ARK typically adjusts position sizes following significant price appreciation rather than completely divesting from holdings.These recent transactions should be interpreted as strategic trimming rather than a complete exit strategy.Palantir continues to attract attention due to strong demand for its AI-powered data analytics platforms.Similarly, AMD has captured investor enthusiasm through its AI processor offerings and data center solutions.Both companies represent prominent technology investments within Cathie Wood’s investment portfolio.ARK has also recently expanded another AI-focused investment.On September 17, the investment firm acquired 239,083 shares of CoreWeave valued at approximately $19.9 million distributed across multiple ETFs.The majority of this CoreWeave investment was executed through the ARK Innovation ETF.Expanded Investment in Archer AviationARK allocated a portion of its available capital to strengthen its position in Archer Aviation.The investment firm acquired approximately $3.35 million in Archer shares.Within the ARK Innovation ETF, Archer holds approximately the 30th position and comprises roughly 1.2% of total portfolio value.The company specializes in developing electric vertical take-off and landing vehicles, commonly referred to as eVTOLs.Archer’s stock price has declined approximately 31% year-to-date, with recent trading activity around $5.26 per share.This investment increase coincides with a significant Boeing partnership announcement.Archer has entered an agreement to acquire several Boeing divisions, specifically Insitu, SkyGrid, and Wisk Aero.This acquisition will broaden Archer’s capabilities in autonomous aviation systems, airspace management, and complementary technologies.Under the transaction terms, Boeing will obtain a 16.5% equity stake in Archer.ARK Innovation Maintains Technology-Centric StrategyAs of mid-September, the ARK Innovation ETF managed approximately $7.86 billion in total assets.The portfolio consisted of 46 distinct positions, with the top 10 holdings comprising slightly more than 50% of total assets.Tesla maintained its position as the fund’s largest holding at approximately 9.18%.SpaceX represented about 6.32% of the portfolio, with Tempus AI comprising 5.87%.Circle held approximately 5.16% of fund assets, while Coinbase represented roughly 4.63%.These recent transactions demonstrate ARK’s continued practice of reallocating capital between established technology positions and emerging-industry companies.Currently, Palantir and AMD retain significant portfolio positions, while Archer Aviation has received additional capital from Wood’s flagship investment vehicle.The post Cathie Wood Reduces Palantir (PLTR) and AMD (AMD) Stakes to Increase Archer Aviation (ACHR) Position appeared first on Blockonomi.