Per Stirling Capital Management LLC. Makes New $847,000 Investment in Dan IVES Wedbush AI Revolution ETF $IVES

Per Stirling Capital Management LLC. purchased a new position in shares of Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) during the third quarter, HoldingsChannel.com reports. The fund purchased 26,360 shares of the company’s stock, valued at approximately $847,000.

Other hedge funds also recently modified their holdings of the company. Wedbush Securities Inc. lifted its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 111.4% during the 3rd quarter. Wedbush Securities Inc. now owns 703,406 shares of the company’s stock valued at $22,593,000 after purchasing an additional 370,689 shares in the last quarter. HighTower Advisors LLC increased its stake in Dan IVES Wedbush AI Revolution ETF by 1,312.7% during the 3rd quarter. HighTower Advisors LLC now owns 211,379 shares of the company’s stock worth $6,789,000 after purchasing an additional 196,416 shares in the last quarter. First Heartland Consultants Inc. increased its stake in Dan IVES Wedbush AI Revolution ETF by 1,406.2% during the 3rd quarter. First Heartland Consultants Inc. now owns 197,721 shares of the company’s stock worth $6,351,000 after purchasing an additional 184,594 shares in the last quarter. Cetera Investment Advisers acquired a new stake in Dan IVES Wedbush AI Revolution ETF during the 2nd quarter worth approximately $2,117,000. Finally, TD Waterhouse Canada Inc. bought a new position in Dan IVES Wedbush AI Revolution ETF in the third quarter valued at approximately $1,910,000.

Dan IVES Wedbush AI Revolution ETF Stock Performance

Shares of IVES opened at $29.90 on Friday. The firm has a market cap of $960.39 million, a P/E ratio of 27.36 and a beta of 2.20. Dan IVES Wedbush AI Revolution ETF has a twelve month low of $25.07 and a twelve month high of $35.25. The firm’s 50 day moving average price is $31.50 and its two-hundred day moving average price is $31.69.

About Dan IVES Wedbush AI Revolution ETF

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.