Independent Financial Group LLC Buys Shares of 17,780 Dan IVES Wedbush AI Revolution ETF $IVES

Independent Financial Group LLC purchased a new stake in shares of Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 17,780 shares of the company’s stock, valued at approximately $504,000. Independent Financial Group LLC owned 0.06% of Dan IVES Wedbush AI Revolution ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVES. U.S. Capital Wealth Advisors LLC increased its stake in shares of Dan IVES Wedbush AI Revolution ETF by 732.6% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 98,914 shares of the company’s stock worth $3,127,000 after buying an additional 87,034 shares during the last quarter. Longitude Cayman Ltd. bought a new position in Dan IVES Wedbush AI Revolution ETF during the 4th quarter valued at $4,204,000. O ROURKE & COMPANY Inc grew its holdings in Dan IVES Wedbush AI Revolution ETF by 61.3% during the 4th quarter. O ROURKE & COMPANY Inc now owns 39,028 shares of the company’s stock worth $1,234,000 after acquiring an additional 14,834 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in Dan IVES Wedbush AI Revolution ETF during the 4th quarter worth $78,128,000. Finally, TD Waterhouse Canada Inc. increased its position in shares of Dan IVES Wedbush AI Revolution ETF by 342.2% in the 4th quarter. TD Waterhouse Canada Inc. now owns 258,969 shares of the company’s stock worth $8,181,000 after purchasing an additional 200,404 shares during the last quarter.

Dan IVES Wedbush AI Revolution ETF Stock Performance

IVES opened at $35.64 on Friday. The company has a market capitalization of $1.04 billion, a P/E ratio of 27.36 and a beta of 2.13. The company has a 50-day moving average of $37.55 and a 200-day moving average of $33.59. Dan IVES Wedbush AI Revolution ETF has a 1-year low of $26.75 and a 1-year 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.