The largest exchange-traded fund at Cathie Wood’s ARK Invest couldn’t keep up with the broader market last year, but the growth-focused investment firm found success in its other ways as investors gravitated toward certain innovations more than others.

With Ark Invest ending 2024 on a strong note, the aggressive growth icon is hoping to build on that momentum in 2025.

The stock of Palantir Technologies (PLTR, Financial) fell 3% on early trading on Tuesday after Cathie Wood-Ark Invest sold $15 million worth of Palantir shares, or 196,728 shares in total, across various ETFs.

Wood remains a long-time supporter of tech disruptors, but her pivot away from Palantir underscores concerns about its valuation.