133,000 Shares in Dan IVES Wedbush AI Revolution ETF $IVES Purchased by Longitude Cayman Ltd.

Longitude Cayman Ltd. acquired a new position in shares of Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 133,000 shares of the company’s stock, valued at approximately $4,204,000. Dan IVES Wedbush AI Revolution ETF makes up approximately 1.8% of Longitude Cayman Ltd.’s holdings, making the stock its 23rd biggest position.

Other hedge funds have also recently bought and sold shares of the company. US Bancorp DE bought a new position in Dan IVES Wedbush AI Revolution ETF in the third quarter valued at approximately $29,000. TD Capital Management LLC acquired a new stake in Dan IVES Wedbush AI Revolution ETF during the 3rd quarter worth approximately $35,000. Coston McIsaac & Partners lifted its holdings in Dan IVES Wedbush AI Revolution ETF by 203.5% during the 4th quarter. Coston McIsaac & Partners now owns 1,126 shares of the company’s stock worth $35,000 after purchasing an additional 755 shares during the last quarter. Advisory Services Network LLC acquired a new position in Dan IVES Wedbush AI Revolution ETF in the 3rd quarter valued at $57,000. Finally, CIBC Private Wealth Group LLC raised its holdings in Dan IVES Wedbush AI Revolution ETF by 43.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,655 shares of the company’s stock valued at $85,000 after acquiring an additional 805 shares in the last quarter.

Dan IVES Wedbush AI Revolution ETF Price Performance

Shares of NYSEARCA IVES opened at $36.96 on Friday. The stock has a market capitalization of $1.12 billion, a PE ratio of 27.36 and a beta of 2.82. The business has a fifty day moving average price of $34.71 and a two-hundred day moving average price of $32.50. Dan IVES Wedbush AI Revolution ETF has a fifty-two week low of $25.62 and a fifty-two week high of $41.93.

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.