Thrivent Financial for Lutherans Purchases Shares of 2,471,633 Dan IVES Wedbush AI Revolution ETF $IVES

Thrivent Financial for Lutherans purchased a new stake in Dan IVES Wedbush AI Revolution ETF (NYSEARCA:IVES) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 2,471,633 shares of the company’s stock, valued at approximately $78,128,000. Thrivent Financial for Lutherans owned about 0.08% of Dan IVES Wedbush AI Revolution ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in IVES. Wedbush Securities Inc. lifted its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 111.4% during the 3rd quarter. Wedbush Securities Inc. now owns 703,406 shares of the company’s stock valued at $22,593,000 after acquiring an additional 370,689 shares in the last quarter. Concentric Capital Strategies LP lifted its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 109.2% during the 3rd quarter. Concentric Capital Strategies LP now owns 327,825 shares of the company’s stock valued at $10,530,000 after acquiring an additional 171,110 shares in the last quarter. First Heartland Consultants Inc. lifted 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 acquiring an additional 124,643 shares in the last quarter. TD Waterhouse Canada Inc. lifted its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 342.2% during the 4th quarter. TD Waterhouse Canada Inc. now owns 258,969 shares of the company’s stock valued at $8,181,000 after acquiring an additional 200,404 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of Dan IVES Wedbush AI Revolution ETF by 1,312.7% during the 3rd quarter. HighTower Advisors LLC now owns 211,379 shares of the company’s stock valued at $6,789,000 after acquiring an additional 196,416 shares in the last quarter.

Dan IVES Wedbush AI Revolution ETF Trading Down 1.7%

NYSEARCA:IVES opened at $36.36 on Friday. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 27.36 and a beta of 2.04. The firm’s fifty day simple moving average is $31.47 and its 200 day simple moving average is $31.84. Dan IVES Wedbush AI Revolution ETF has a twelve month low of $25.07 and a twelve month high of $37.25.

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.