First Heartland Consultants Inc. decreased its stake in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES – Free Report) by 29.4% in the second quarter, Holdings Channel reports. The institutional investor owned 55,763 shares of the company’s stock after selling 23,187 shares during the quarter. First Heartland Consultants Inc.’s holdings in Dan IVES Wedbush AI Revolution ETF were worth $2,125,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Thrivent Financial for Lutherans purchased a new position in shares of Dan IVES Wedbush AI Revolution ETF during the 4th quarter valued at $78,128,000. Wedbush Securities Inc. raised its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 15.8% during the fourth quarter. Wedbush Securities Inc. now owns 814,241 shares of the company’s stock worth $25,738,000 after acquiring an additional 110,835 shares in the last quarter. HighTower Advisors LLC boosted its position in Dan IVES Wedbush AI Revolution ETF by 157.3% during the fourth quarter. HighTower Advisors LLC now owns 543,805 shares of the company’s stock valued at $17,190,000 after purchasing an additional 332,426 shares during the last quarter. Concentric Capital Strategies LP boosted its position in Dan IVES Wedbush AI Revolution ETF by 109.2% during the third quarter. Concentric Capital Strategies LP now owns 327,825 shares of the company’s stock valued at $10,530,000 after purchasing an additional 171,110 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its stake in Dan IVES Wedbush AI Revolution ETF by 342.2% in the fourth quarter. TD Waterhouse Canada Inc. now owns 258,969 shares of the company’s stock valued at $8,181,000 after purchasing an additional 200,404 shares in the last quarter.
Dan IVES Wedbush AI Revolution ETF Price Performance
Shares of IVES stock opened at $38.71 on Friday. Dan IVES Wedbush AI Revolution ETF has a fifty-two week low of $26.75 and a fifty-two week high of $41.93. The stock’s 50-day moving average is $37.35 and its two-hundred day moving average is $33.88. The firm has a market cap of $1.07 billion, a P/E ratio of 27.36 and a beta of 2.12.
About Dan IVES Wedbush AI Revolution ETF
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.
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Want to see what other hedge funds are holding IVES? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES – Free Report).
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