Royal Bank of Canada Sells 140,079 Shares of Dan IVES Wedbush AI Revolution ETF $IVES

Royal Bank of Canada lessened its stake in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 91.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,520 shares of the company’s stock after selling 140,079 shares during the period. Royal Bank of Canada’s holdings in Dan IVES Wedbush AI Revolution ETF were worth $355,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. US Bancorp DE bought a new stake in Dan IVES Wedbush AI Revolution ETF during the 3rd quarter valued at about $29,000. Coston McIsaac & Partners grew its stake in Dan IVES Wedbush AI Revolution ETF by 203.5% in the 4th quarter. Coston McIsaac & Partners now owns 1,126 shares of the company’s stock worth $35,000 after acquiring an additional 755 shares in the last quarter. Advisory Services Network LLC bought a new position in Dan IVES Wedbush AI Revolution ETF in the 3rd quarter worth about $57,000. Tripletail Wealth Management LLC purchased a new position in shares of Dan IVES Wedbush AI Revolution ETF during the fourth quarter worth approximately $66,000. Finally, Sunbelt Securities Inc. increased its position in shares of Dan IVES Wedbush AI Revolution ETF by 1,989.3% during the fourth quarter. Sunbelt Securities Inc. now owns 2,340 shares of the company’s stock worth $74,000 after acquiring an additional 2,228 shares during the period.

Dan IVES Wedbush AI Revolution ETF Stock Performance

Dan IVES Wedbush AI Revolution ETF stock opened at $38.12 on Thursday. The company has a 50 day moving average price of $37.50 and a 200-day moving average price of $34.50. Dan IVES Wedbush AI Revolution ETF has a fifty-two week low of $26.92 and a fifty-two week high of $41.93. The company has a market capitalization of $1.05 billion, a PE ratio of 27.36 and a beta of 2.12.

Dan IVES Wedbush AI Revolution ETF Company Profile

The Wedbush ETFMG Global Cloud Technology ETF (IVES) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of global equities related to cloud technology companies. IVES was launched on Mar 8, 2016 and is managed by ETF Managers Group.