Dan Ives Wedbush AI Power & Infrastructure ETF (IVEP)
ARCA ARCA Primary Summary
IVEP Chart
Dan Ives Wedbush AI Power & Infrastructure ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 86,943 | $2.43M | $2.34M | -$94,259.52 | -3.88% |
Dan Ives Wedbush AI Power & Infrastructure ETF (IVEP) FAQ
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Dan Ives Wedbush AI Power & Infrastructure ETF Profile
| ARCA Exchange | US Country |
Overview
IVEP is an innovative financial product that offers exposure to companies believed to be essential for advancing the development of artificial intelligence (AI). The underlying index for this Exchange-Traded Fund (ETF) is constructed based on the reputable Dan Ives AI Power 30 Research Report. Through strategic investments, IVEP primarily focuses on equity securities and American Depository Receipts (ADRs) of firms recognized as pivotal contributors to the infrastructure that supports AI.
This includes sectors such as power generation, fuel supply, grid infrastructure, data centers, equipment, power management, materials, and enabling technologies. The index utilizes advanced proprietary natural language processing algorithms to select companies that derive at least 50% of their revenue from AI Power Businesses. Additionally, the selection criteria also encompass requirements related to size and liquidity. Weights within the index are assigned based on free-float market capitalization and are carefully adjusted to mitigate concentration risk. Regular updates are implemented, with the index being reconstituted semi-annually in conjunction with the release of the research report and rebalanced quarterly to maintain relevance and effectiveness.
Products and Services
- Exchange-Traded Fund (ETF)
IVEP operates as an ETF that allows investors to gain diversified exposure to a portfolio of companies focused on AI development and infrastructure. This financial vehicle enables both institutional and retail investors to invest in a wide range of stocks associated with the growth of artificial intelligence.
- Natural Language Processing Algorithms
The index underlying IVEP employs proprietary natural language processing algorithms. These sophisticated algorithms analyze various data sources to identify and select companies that are integral to the AI Power sector, ensuring informed investment choices.
- Weighting Based on Market Cap
Companies within the index are weighted according to their free-float market capitalization. This systematic approach aims to reflect the overall impact of each company on the market while managing concentration risk across the portfolio.
- Quarterly Rebalancing
IVEP's index undergoes quarterly rebalancing to adjust the portfolio in line with market dynamics and to respond to changes in company performance and sector developments. This ensures that the fund remains aligned with its investment objectives and market conditions.
- Semi-Annual Reconstitution
The index is reconstituted semi-annually, aligning with the updates to the Dan Ives AI Power 30 Research Report. This refreshed view helps to capture the latest emerging trends and changes within the artificial intelligence landscape.
