Janney Montgomery Scott LLC Lowers Holdings in Dan IVES Wedbush AI Revolution ETF $IVES

Janney Montgomery Scott LLC trimmed its position in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 61.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,640 shares of the company’s stock after selling 47,912 shares during the period. Janney Montgomery Scott LLC owned 0.10% of Dan IVES Wedbush AI Revolution ETF worth $841,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Allworth Financial LP purchased a new stake in shares of Dan IVES Wedbush AI Revolution ETF in the third quarter worth $615,000. U.S. Capital Wealth Advisors LLC grew its position in Dan IVES Wedbush AI Revolution ETF by 732.6% during 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 in the last quarter. First Heartland Consultants Inc. increased its stake in Dan IVES Wedbush AI Revolution ETF by 63.0% in the 4th quarter. First Heartland Consultants Inc. now owns 322,364 shares of the company’s stock worth $10,190,000 after acquiring an additional 124,643 shares during the last quarter. Longitude Cayman Ltd. bought a new position in Dan IVES Wedbush AI Revolution ETF in the 4th quarter worth about $4,204,000. Finally, O ROURKE & COMPANY Inc increased its stake in 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 worth $1,234,000 after acquiring an additional 14,834 shares during the last quarter.

Dan IVES Wedbush AI Revolution ETF Stock Down 1.2%

NYSEARCA:IVES opened at $37.46 on Tuesday. The stock has a market cap of $1.07 billion, a P/E ratio of 27.36 and a beta of 2.54. The business’s 50-day moving average price is $37.41 and its two-hundred day moving average price is $33.33. Dan IVES Wedbush AI Revolution ETF has a twelve month low of $26.68 and a twelve month high of $41.93.

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.