Dan IVES Wedbush AI Revolution ETF $IVES Position Lifted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its stake in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 159.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 84,584 shares of the company’s stock after purchasing an additional 51,924 shares during the period. Envestnet Asset Management Inc. owned 0.29% of Dan IVES Wedbush AI Revolution ETF worth $2,717,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IVES. Wedbush Securities Inc. acquired a new position in Dan IVES Wedbush AI Revolution ETF in the second quarter worth about $9,020,000. PNC Financial Services Group Inc. acquired a new stake in Dan IVES Wedbush AI Revolution ETF during the second quarter valued at approximately $155,000. Cetera Investment Advisers bought a new position in Dan IVES Wedbush AI Revolution ETF during the 2nd quarter worth approximately $2,117,000. Brown Advisory Inc. acquired a new position in shares of Dan IVES Wedbush AI Revolution ETF in the 2nd quarter worth approximately $479,000. Finally, Garden State Investment Advisory Services LLC bought a new stake in shares of Dan IVES Wedbush AI Revolution ETF in the 2nd quarter valued at approximately $589,000.

Dan IVES Wedbush AI Revolution ETF Trading Down 0.0%

IVES stock opened at $30.56 on Friday. The stock’s 50 day simple moving average is $31.78 and its 200 day simple moving average is $31.63. Dan IVES Wedbush AI Revolution ETF has a 12-month low of $25.07 and a 12-month high of $35.25. The firm has a market cap of $981.59 million, a P/E ratio of 27.36 and a beta of 2.20.

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.