Sun Financial Inc purchased a new position in shares of Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund purchased 18,523 shares of the company’s stock, valued at approximately $586,000.
A number of other institutional investors and hedge funds have also made changes to their positions in IVES. Brown Advisory Inc. acquired a new stake in shares of Dan IVES Wedbush AI Revolution ETF during the 2nd quarter worth approximately $479,000. Snowden Capital Advisors LLC acquired a new stake in shares of Dan IVES Wedbush AI Revolution ETF during the 2nd quarter worth approximately $675,000. CWM LLC raised its position in shares of Dan IVES Wedbush AI Revolution ETF by 177.0% during the 3rd quarter. CWM LLC now owns 1,385 shares of the company’s stock worth $44,000 after purchasing an additional 885 shares during the period. Silver Oak Securities Incorporated acquired a new stake in shares of Dan IVES Wedbush AI Revolution ETF during the 3rd quarter worth approximately $233,000. Finally, Kellett Wealth Advisors LLC acquired a new stake in shares of Dan IVES Wedbush AI Revolution ETF during the 3rd quarter worth approximately $339,000.
Dan IVES Wedbush AI Revolution ETF Stock Performance
Shares of Dan IVES Wedbush AI Revolution ETF stock opened at $33.60 on Monday. The business’s 50 day simple moving average is $30.41 and its 200-day simple moving average is $31.66. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 27.36 and a beta of 1.80. Dan IVES Wedbush AI Revolution ETF has a twelve month low of $25.07 and a twelve month high of $35.25.
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.
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