Apollon Wealth Management LLC Purchases New Position in Dan IVES Wedbush AI Revolution ETF $IVES

Apollon Wealth Management LLC purchased a new stake in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 20,992 shares of the company’s stock, valued at approximately $674,000. Apollon Wealth Management LLC owned approximately 0.08% of Dan IVES Wedbush AI Revolution ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of IVES. Wedbush Securities Inc. purchased a new stake in shares of Dan IVES Wedbush AI Revolution ETF in the second quarter worth about $9,020,000. Cetera Investment Advisers acquired a new position in Dan IVES Wedbush AI Revolution ETF during the 2nd quarter worth approximately $2,117,000. Castle Rock Wealth Management LLC purchased a new position in Dan IVES Wedbush AI Revolution ETF in the 3rd quarter worth approximately $1,730,000. Krilogy Financial LLC acquired a new stake in Dan IVES Wedbush AI Revolution ETF in the second quarter valued at approximately $911,000. Finally, Envestnet Asset Management Inc. acquired a new stake in Dan IVES Wedbush AI Revolution ETF in the second quarter valued at approximately $885,000.

Dan IVES Wedbush AI Revolution ETF Trading Down 1.0%

NYSEARCA IVES opened at $31.61 on Friday. The company’s fifty day simple moving average is $32.52 and its 200-day simple moving average is $30.40. Dan IVES Wedbush AI Revolution ETF has a 52 week low of $25.07 and a 52 week high of $35.25. The stock has a market cap of $936.92 million, a P/E ratio of 27.36 and a beta of 2.20.

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.