Dan IVES Wedbush AI Revolution ETF $IVES Shares Purchased by First Heartland Consultants Inc.

First Heartland Consultants Inc. increased its stake in shares of Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 63.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 322,364 shares of the company’s stock after purchasing an additional 124,643 shares during the period. First Heartland Consultants Inc. owned approximately 1.05% of Dan IVES Wedbush AI Revolution ETF worth $10,190,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IVES. Wedbush Securities Inc. raised its position in Dan IVES Wedbush AI Revolution ETF by 111.4% in the third 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 during the period. Concentric Capital Strategies LP lifted its stake in Dan IVES Wedbush AI Revolution ETF by 109.2% during the third quarter. Concentric Capital Strategies LP now owns 327,825 shares of the company’s stock worth $10,530,000 after purchasing an additional 171,110 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of Dan IVES Wedbush AI Revolution ETF by 1,312.7% during the third quarter. HighTower Advisors LLC now owns 211,379 shares of the company’s stock worth $6,789,000 after buying an additional 196,416 shares during the period. NewEdge Advisors LLC purchased a new position in shares of Dan IVES Wedbush AI Revolution ETF during the third quarter worth $3,051,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of Dan IVES Wedbush AI Revolution ETF by 159.0% in the third quarter. Envestnet Asset Management Inc. now owns 84,584 shares of the company’s stock valued at $2,717,000 after buying an additional 51,924 shares in the last quarter.

Dan IVES Wedbush AI Revolution ETF Trading Up 1.8%

IVES stock opened at $29.78 on Tuesday. The company has a market capitalization of $956.53 million, a PE ratio of 27.36 and a beta of 2.20. Dan IVES Wedbush AI Revolution ETF has a 12-month low of $25.07 and a 12-month high of $35.25. The business’s fifty day moving average price is $31.02 and its 200 day moving average price is $31.91.

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.