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

Wedbush Securities Inc. lessened its position in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 37.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 164,214 shares of the company’s stock after selling 97,972 shares during the period. Wedbush Securities Inc. owned 0.71% of Dan IVES Wedbush AI Revolution ETF worth $6,741,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Independent Financial Group LLC bought a new position in shares of Dan IVES Wedbush AI Revolution ETF during the first quarter valued at about $504,000. HB Wealth Management LLC bought a new stake in shares of Dan IVES Wedbush AI Revolution ETF in the first quarter worth about $516,000. Avior Wealth Management LLC bought a new stake in shares of Dan IVES Wedbush AI Revolution ETF in the second quarter worth about $4,044,000. Apollon Wealth Management LLC increased its holdings in Dan IVES Wedbush AI Revolution ETF by 70.4% during the 1st quarter. Apollon Wealth Management LLC now owns 58,499 shares of the company’s stock valued at $1,660,000 after purchasing an additional 24,174 shares during the period. Finally, Tactive Advisors LLC bought a new position in Dan IVES Wedbush AI Revolution ETF during the 3rd quarter valued at approximately $361,000.

Dan IVES Wedbush AI Revolution ETF Trading Up 1.0%

NYSEARCA IVES traded up $0.37 on Friday, hitting $38.67. The company’s stock had a trading volume of 338,373 shares, compared to its average volume of 549,031. Dan IVES Wedbush AI Revolution ETF has a 52-week low of $26.92 and a 52-week high of $42.75. The company’s 50-day simple moving average is $39.98 and its 200 day simple moving average is $37.52. The firm has a market cap of $897.92 million, a P/E ratio of 27.36 and a beta of 2.10.

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.