Dan IVES Wedbush AI Revolution ETF $IVES Shares Sold by Castle Rock Wealth Management LLC

Castle Rock Wealth Management LLC reduced its stake in shares of Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 32.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 44,621 shares of the company’s stock after selling 20,954 shares during the period. Castle Rock Wealth Management LLC owned 0.18% of Dan IVES Wedbush AI Revolution ETF worth $1,891,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVES. Longitude Cayman Ltd. bought a new stake in shares of Dan IVES Wedbush AI Revolution ETF in the 4th quarter valued at about $4,204,000. Avior Wealth Management LLC bought a new position in shares of Dan IVES Wedbush AI Revolution ETF during the second quarter worth about $4,044,000. NewEdge Advisors LLC raised its position in shares of Dan IVES Wedbush AI Revolution ETF by 4.7% during the first quarter. NewEdge Advisors LLC now owns 136,159 shares of the company’s stock worth $3,863,000 after acquiring an additional 6,085 shares during the last quarter. Apollon Wealth Management LLC lifted its stake in shares of Dan IVES Wedbush AI Revolution ETF by 70.4% in the first quarter. Apollon Wealth Management LLC now owns 58,499 shares of the company’s stock worth $1,660,000 after acquiring an additional 24,174 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of Dan IVES Wedbush AI Revolution ETF by 7.5% in the third quarter. Farther Finance Advisors LLC now owns 38,256 shares of the company’s stock worth $1,570,000 after acquiring an additional 2,663 shares during the period.

Dan IVES Wedbush AI Revolution ETF Trading Up 1.6%

IVES stock traded up $0.65 during trading on Friday, hitting $41.95. The company had a trading volume of 278,655 shares, compared to its average volume of 549,484. The stock has a market cap of $1.03 billion, a PE ratio of 27.36 and a beta of 2.10. The business has a 50-day moving average of $39.75 and a 200-day moving average of $36.72. Dan IVES Wedbush AI Revolution ETF has a one year low of $26.92 and a one year high of $42.75.

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.