BXM Wealth LLC Trims Holdings in Dan IVES Wedbush AI Revolution ETF $IVES

BXM Wealth LLC cut its stake in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 68.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,580 shares of the company’s stock after selling 69,992 shares during the period. BXM Wealth LLC owned about 0.10% of Dan IVES Wedbush AI Revolution ETF worth $896,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Allworth Financial LP purchased a new position in shares of Dan IVES Wedbush AI Revolution ETF in the 3rd quarter worth about $615,000. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 732.6% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 98,914 shares of the company’s stock valued at $3,127,000 after buying an additional 87,034 shares in the last quarter. First Heartland Consultants Inc. raised its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 63.0% during the 4th quarter. First Heartland Consultants Inc. now owns 322,364 shares of the company’s stock valued at $10,190,000 after buying an additional 124,643 shares in the last quarter. O ROURKE & COMPANY Inc raised its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 61.3% during the 4th quarter. O ROURKE & COMPANY Inc now owns 39,028 shares of the company’s stock valued at $1,234,000 after buying an additional 14,834 shares in the last quarter. Finally, Longitude Cayman Ltd. bought a new stake in Dan IVES Wedbush AI Revolution ETF in the 4th quarter worth approximately $4,204,000.

Dan IVES Wedbush AI Revolution ETF Price Performance

Shares of IVES opened at $37.33 on Tuesday. The firm has a market cap of $1.13 billion, a P/E ratio of 27.36 and a beta of -2.48. The stock has a 50 day simple moving average of $36.46 and a two-hundred day simple moving average of $32.92. Dan IVES Wedbush AI Revolution ETF has a 1 year low of $26.37 and a 1 year high of $41.93.

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.