BXM Wealth LLC Decreases Position in Dan IVES Wedbush AI Revolution ETF $IVES

BXM Wealth LLC cut its holdings in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 68.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 31,580 shares of the company’s stock after selling 69,992 shares during the period. BXM Wealth LLC’s holdings in Dan IVES Wedbush AI Revolution ETF were worth $896,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IVES. Allworth Financial LP bought a new position in shares of Dan IVES Wedbush AI Revolution ETF during the third quarter valued at about $615,000. U.S. Capital Wealth Advisors LLC increased its holdings 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 period. First Heartland Consultants Inc. increased its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 63.0% in the fourth quarter. First Heartland Consultants Inc. now owns 322,364 shares of the company’s stock worth $10,190,000 after buying an additional 124,643 shares during the period. O ROURKE & COMPANY Inc lifted its stake in shares of Dan IVES Wedbush AI Revolution ETF by 61.3% in the 4th quarter. O ROURKE & COMPANY Inc now owns 39,028 shares of the company’s stock valued at $1,234,000 after acquiring an additional 14,834 shares during the last quarter. Finally, 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.

Dan IVES Wedbush AI Revolution ETF Price Performance

Shares of IVES stock opened at $37.33 on Tuesday. The stock has a market capitalization of $1.13 billion, a PE ratio of 27.36 and a beta of -2.48. Dan IVES Wedbush AI Revolution ETF has a 1-year low of $26.37 and a 1-year high of $41.93. The business has a 50-day moving average of $36.46 and a 200 day moving average of $32.92.

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.