Private Advisor Group LLC Sells 14,826 Shares of Dan IVES Wedbush AI Revolution ETF $IVES

Private Advisor Group LLC cut its position in shares of Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 65.0% during the first quarter, Holdings Channel reports. The institutional investor owned 8,000 shares of the company’s stock after selling 14,826 shares during the quarter. Private Advisor Group LLC’s holdings in Dan IVES Wedbush AI Revolution ETF were worth $227,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP acquired a new position in Dan IVES Wedbush AI Revolution ETF in the 3rd quarter valued at approximately $615,000. U.S. Capital Wealth Advisors LLC grew its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 732.6% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 98,914 shares of the company’s stock worth $3,127,000 after purchasing an additional 87,034 shares in the last quarter. First Heartland Consultants Inc. grew its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 63.0% during the 4th quarter. First Heartland Consultants Inc. now owns 322,364 shares of the company’s stock worth $10,190,000 after purchasing an additional 124,643 shares in the last quarter. Longitude Cayman Ltd. bought a new stake in shares of Dan IVES Wedbush AI Revolution ETF during the fourth quarter valued at approximately $4,204,000. Finally, O ROURKE & COMPANY Inc increased its position in shares of Dan IVES Wedbush AI Revolution ETF by 61.3% during the fourth quarter. O ROURKE & COMPANY Inc now owns 39,028 shares of the company’s stock valued at $1,234,000 after purchasing an additional 14,834 shares during the period.

Dan IVES Wedbush AI Revolution ETF Stock Performance

Shares of NYSEARCA IVES opened at $36.40 on Monday. The business has a fifty day simple moving average of $37.55 and a 200 day simple moving average of $33.46. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 27.36 and a beta of 2.42. Dan IVES Wedbush AI Revolution ETF has a one year low of $26.75 and a one year high of $41.93.

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.