Dan IVES Wedbush AI Revolution ETF $IVES Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. cut its holdings in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 71.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 262,186 shares of the company’s stock after selling 654,548 shares during the quarter. Wedbush Securities Inc. owned about 0.95% of Dan IVES Wedbush AI Revolution ETF worth $9,989,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. US Bancorp DE acquired a new position in shares of Dan IVES Wedbush AI Revolution ETF in the 3rd quarter worth approximately $29,000. Versant Capital Management Inc acquired a new stake in Dan IVES Wedbush AI Revolution ETF during the second quarter valued at approximately $39,000. Coston McIsaac & Partners lifted its stake in Dan IVES Wedbush AI Revolution ETF by 203.5% during the fourth quarter. Coston McIsaac & Partners now owns 1,126 shares of the company’s stock valued at $35,000 after purchasing an additional 755 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Dan IVES Wedbush AI Revolution ETF during the third quarter valued at approximately $57,000. Finally, Tripletail Wealth Management LLC bought a new stake in Dan IVES Wedbush AI Revolution ETF during the fourth quarter worth approximately $66,000.

Dan IVES Wedbush AI Revolution ETF Stock Performance

Dan IVES Wedbush AI Revolution ETF stock opened at $39.41 on Friday. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 27.36 and a beta of 2.12. Dan IVES Wedbush AI Revolution ETF has a 1 year low of $26.92 and a 1 year high of $41.93. The firm’s 50 day moving average price is $37.56 and its two-hundred day moving average price is $34.60.

Dan IVES Wedbush AI Revolution ETF 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.