Per Stirling Capital Management LLC. Invests $847,000 in Dan IVES Wedbush AI Revolution ETF $IVES

Per Stirling Capital Management LLC. purchased a new stake in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 26,360 shares of the company’s stock, valued at approximately $847,000. Per Stirling Capital Management LLC. owned about 0.09% of Dan IVES Wedbush AI Revolution ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IVES. US Bancorp DE bought a new position in Dan IVES Wedbush AI Revolution ETF during the 3rd quarter worth approximately $29,000. CWM LLC increased its stake in Dan IVES Wedbush AI Revolution ETF by 177.0% in the third quarter. CWM LLC now owns 1,385 shares of the company’s stock valued at $44,000 after purchasing an additional 885 shares in the last quarter. Group One Trading LLC acquired a new stake in Dan IVES Wedbush AI Revolution ETF in the third quarter worth $99,000. PNC Financial Services Group Inc. bought a new position in shares of Dan IVES Wedbush AI Revolution ETF during the second quarter worth $155,000. Finally, Valmark Advisers Inc. bought a new position in shares of Dan IVES Wedbush AI Revolution ETF during the third quarter worth $206,000.

Dan IVES Wedbush AI Revolution ETF Stock Down 1.5%

Shares of IVES stock opened at $29.90 on Friday. Dan IVES Wedbush AI Revolution ETF has a 12-month low of $25.07 and a 12-month high of $35.25. The firm has a market capitalization of $960.39 million, a price-to-earnings ratio of 27.36 and a beta of 2.20. The firm has a fifty day moving average of $31.50 and a 200-day moving average of $31.69.

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.