Dan IVES Wedbush AI Revolution ETF $IVES Stake Trimmed by Wedbush Securities Inc.

Wedbush Securities Inc. lessened its stake in shares of Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 71.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 262,186 shares of the company’s stock after selling 654,548 shares during the quarter. Wedbush Securities Inc.’s holdings in Dan IVES Wedbush AI Revolution ETF were worth $9,989,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Federation des caisses Desjardins du Quebec boosted its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 16.7% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,685 shares of the company’s stock worth $85,000 after buying an additional 385 shares during the period. MADDEN SECURITIES Corp boosted its stake in Dan IVES Wedbush AI Revolution ETF by 2.5% in the 4th quarter. MADDEN SECURITIES Corp now owns 20,335 shares of the company’s stock worth $643,000 after purchasing an additional 500 shares during the period. Lido Advisors LLC boosted its stake in Dan IVES Wedbush AI Revolution ETF by 3.7% in the 1st quarter. Lido Advisors LLC now owns 14,668 shares of the company’s stock worth $416,000 after purchasing an additional 527 shares during the period. Pennsylvania Capital Management Inc. ADV grew its position in Dan IVES Wedbush AI Revolution ETF by 1.9% during the 1st quarter. Pennsylvania Capital Management Inc. ADV now owns 38,593 shares of the company’s stock worth $1,095,000 after purchasing an additional 734 shares in the last quarter. Finally, Coston McIsaac & Partners grew its position in Dan IVES Wedbush AI Revolution ETF by 203.5% during the 4th quarter. Coston McIsaac & Partners now owns 1,126 shares of the company’s stock worth $35,000 after purchasing an additional 755 shares in the last quarter.

Dan IVES Wedbush AI Revolution ETF Stock Down 0.9%

Shares of NYSEARCA:IVES opened at $39.41 on Friday. The company’s fifty day moving average is $37.56 and its two-hundred day moving average is $34.60. The company has a market cap of $1.09 billion, a P/E ratio of 27.36 and a beta of 2.12. Dan IVES Wedbush AI Revolution ETF has a 12-month low of $26.92 and a 12-month high of $41.93.

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.