Apollon Wealth Management LLC Boosts Holdings in Dan IVES Wedbush AI Revolution ETF $IVES

Apollon Wealth Management LLC raised its stake in shares of Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) by 70.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 58,499 shares of the company’s stock after acquiring an additional 24,174 shares during the period. Apollon Wealth Management LLC’s holdings in Dan IVES Wedbush AI Revolution ETF were worth $1,660,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. US Bancorp DE purchased a new position in shares of Dan IVES Wedbush AI Revolution ETF in the third quarter worth $29,000. TD Capital Management LLC bought a new stake in Dan IVES Wedbush AI Revolution ETF in the 3rd quarter valued at $35,000. Coston McIsaac & Partners increased its holdings in Dan IVES Wedbush AI Revolution ETF by 203.5% in the 4th quarter. Coston McIsaac & Partners now owns 1,126 shares of the company’s stock valued at $35,000 after acquiring an additional 755 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Dan IVES Wedbush AI Revolution ETF in the 3rd quarter worth $57,000. Finally, Tripletail Wealth Management LLC purchased a new stake in Dan IVES Wedbush AI Revolution ETF in the 4th quarter worth $66,000.

Dan IVES Wedbush AI Revolution ETF Stock Down 0.5%

Shares of Dan IVES Wedbush AI Revolution ETF stock opened at $37.91 on Thursday. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 27.36 and a beta of 2.40. The business has a 50-day moving average price of $36.67 and a 200-day moving average price of $32.99. Dan IVES Wedbush AI Revolution ETF has a twelve month low of $26.48 and a twelve month high of $41.93.

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.