Lionsbridge Wealth Management LLC Takes $1.58 Million Position in Defiance AI and Power Infrastructure ETF $AIPO

Lionsbridge Wealth Management LLC acquired a new position in shares of Defiance AI and Power Infrastructure ETF (NASDAQ:AIPO) in the second quarter, Holdings Channel reports. The institutional investor acquired 47,220 shares of the company’s stock, valued at approximately $1,578,000. Defiance AI and Power Infrastructure ETF comprises about 1.4% of Lionsbridge Wealth Management LLC’s portfolio, making the stock its 26th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Arlington Trust Co LLC bought a new stake in Defiance AI and Power Infrastructure ETF in the second quarter valued at approximately $27,000. AdvisorNet Financial Inc increased its position in Defiance AI and Power Infrastructure ETF by 119.8% during the 1st quarter. AdvisorNet Financial Inc now owns 11,100 shares of the company’s stock valued at $277,000 after purchasing an additional 6,050 shares during the period. Parallel Advisors LLC raised its holdings in Defiance AI and Power Infrastructure ETF by 4.6% during the 1st quarter. Parallel Advisors LLC now owns 97,580 shares of the company’s stock worth $2,436,000 after purchasing an additional 4,324 shares during the last quarter. Finally, Silverleafe Capital Partners LLC raised its holdings in Defiance AI and Power Infrastructure ETF by 33.6% during the 2nd quarter. Silverleafe Capital Partners LLC now owns 256,011 shares of the company’s stock worth $8,553,000 after purchasing an additional 64,383 shares during the last quarter.

Defiance AI and Power Infrastructure ETF Stock Performance

Shares of NASDAQ AIPO opened at $27.66 on Wednesday. Defiance AI and Power Infrastructure ETF has a 52-week low of $19.49 and a 52-week high of $34.79. The stock has a 50 day moving average price of $30.06.

Defiance AI & Power Infrastructure ETF (NASDAQ: AIPO) is a thematic exchange-traded fund offered by Defiance ETFs that seeks to provide investors with exposure to companies operating at the intersection of artificial intelligence and power infrastructure. The fund targets firms involved in the development, production and deployment of AI technologies alongside businesses that design, build or operate electric power systems and related infrastructure.

Holdings typically span technology and industrial sectors, including companies that supply AI hardware and software, semiconductors and data-center infrastructure, as well as utilities, grid modernization firms, renewable energy developers and companies focused on transmission, distribution and energy storage.