Marino Stram & Associates LLC Acquires New Shares in Dan IVES Wedbush AI Revolution ETF $IVES

Marino Stram & Associates LLC bought a new position in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 9,627 shares of the company’s stock, valued at approximately $261,000.

Separately, Krilogy Financial LLC bought a new stake in shares of Dan IVES Wedbush AI Revolution ETF during the second quarter valued at about $911,000.

Dan IVES Wedbush AI Revolution ETF Trading Up 0.1%

Shares of Dan IVES Wedbush AI Revolution ETF stock opened at $32.12 on Wednesday. The company’s 50-day moving average price is $29.18 and its 200-day moving average price is $36.81. Dan IVES Wedbush AI Revolution ETF has a 12-month low of $25.07 and a 12-month high of $32.69. The company has a market cap of $480.52 million, a price-to-earnings ratio of 27.36 and a beta of 1.74.

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.