Allworth Financial LP Acquires New Shares in Dan IVES Wedbush AI Revolution ETF $IVES

Allworth Financial LP bought a new stake in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 19,137 shares of the company’s stock, valued at approximately $615,000. Allworth Financial LP owned about 0.06% of Dan IVES Wedbush AI Revolution ETF as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Wedbush Securities Inc. increased its position in Dan IVES Wedbush AI Revolution ETF by 111.4% during the 3rd quarter. Wedbush Securities Inc. now owns 703,406 shares of the company’s stock worth $22,593,000 after purchasing an additional 370,689 shares in the last quarter. Concentric Capital Strategies LP grew its stake in shares of Dan IVES Wedbush AI Revolution ETF by 109.2% during the third quarter. Concentric Capital Strategies LP now owns 327,825 shares of the company’s stock worth $10,530,000 after buying an additional 171,110 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Dan IVES Wedbush AI Revolution ETF by 1,312.7% during the third quarter. HighTower Advisors LLC now owns 211,379 shares of the company’s stock worth $6,789,000 after buying an additional 196,416 shares during the last quarter. First Heartland Consultants Inc. increased its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 1,406.2% during the third quarter. First Heartland Consultants Inc. now owns 197,721 shares of the company’s stock worth $6,351,000 after buying an additional 184,594 shares in the last quarter. Finally, NewEdge Advisors LLC acquired a new position in shares of Dan IVES Wedbush AI Revolution ETF during the third quarter worth $3,051,000.

Dan IVES Wedbush AI Revolution ETF Stock Performance

Shares of NYSEARCA:IVES opened at $29.14 on Wednesday. Dan IVES Wedbush AI Revolution ETF has a 52-week low of $25.07 and a 52-week high of $35.25. The company has a market capitalization of $935.98 million, a PE ratio of 27.36 and a beta of 2.20. The company has a fifty day moving average of $30.94 and a 200-day moving average of $31.91.

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.