TD Waterhouse Canada Inc. Takes $1.91 Million Position in Dan IVES Wedbush AI Revolution ETF $IVES

TD Waterhouse Canada Inc. purchased a new stake in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) in the 3rd quarter, HoldingsChannel reports. The firm purchased 58,565 shares of the company’s stock, valued at approximately $1,910,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Griffin Asset Management Inc. grew its position in Dan IVES Wedbush AI Revolution ETF by 2.8% in the third quarter. Griffin Asset Management Inc. now owns 21,824 shares of the company’s stock worth $701,000 after acquiring an additional 600 shares in the last quarter. CWM LLC lifted its stake in shares of Dan IVES Wedbush AI Revolution ETF by 177.0% in the 3rd quarter. CWM LLC now owns 1,385 shares of the company’s stock valued at $44,000 after purchasing an additional 885 shares during the last quarter. JFS Wealth Advisors LLC bought a new stake in Dan IVES Wedbush AI Revolution ETF in the second quarter worth $35,000. Marino Stram & Associates LLC increased its position in Dan IVES Wedbush AI Revolution ETF by 42.3% during the third quarter. Marino Stram & Associates LLC now owns 13,697 shares of the company’s stock worth $440,000 after buying an additional 4,070 shares during the last quarter. Finally, PNC Financial Services Group Inc. bought a new position in Dan IVES Wedbush AI Revolution ETF during the second quarter valued at about $155,000.

Dan IVES Wedbush AI Revolution ETF Price Performance

Shares of NYSEARCA:IVES opened at $32.22 on Friday. The stock has a market capitalization of $1.02 billion, a P/E ratio of 27.36 and a beta of 2.20. The business has a 50-day moving average of $32.36 and a two-hundred day moving average of $31.29. Dan IVES Wedbush AI Revolution ETF has a fifty-two week low of $25.07 and a fifty-two week high of $35.25.

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.