Summary
IVES Chart
Dan Ives' Own ETF Is Up 27% YTD. The AI Revolution Trade Is Real.
The pitch behind the Dan Ives Wedbush AI Revolution ETF (NASDAQ:IVES) was simple when it launched.
IVES: Too Risky In This Tech-Heavy Market (Rating Downgrade)
IVES: Too Risky In This Tech-Heavy Market (Rating Downgrade)
IVES: This AI Fund Probably Won't Deliver Long-Term Alpha
The Dan IVES Wedbush AI Revolution is off to a tremendous start in terms of attracting investor inflows. IVES holds a concentrated portfolio of mega-cap tech stocks, closely mirroring QQQ, but adds volatile, speculative small-cap AI names. The ETF initially outperformed but has since lagged major indexes, with recent underperformance driven by sharp corrections in more speculative picks.
Amplify Bloomberg AI Value Chain ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 55,915 | $2.13M | $2.13M | - | - |
| HL Howard Lu FIRST WILSHIRE SECURITIES MANAGEMENT Inc. | 11,500 | $363,515 | $363,515 | - | - |
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 20,444 | $656,535.75 | $736,801.78 | $80,266.03 | 12.23% |
| NA Nizar Araji National Bank Of Canada /FI/ | 600 | $22.84 | $22.84 | - | - |
 Beatriz Gutierrez Junco CV Advisors LLC | 7,982 | $256,381.84 | $287,671.29 | $31,289.45 | 12.2% |
Amplify Bloomberg AI Value Chain ETF (IVES) FAQ
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Amplify Bloomberg AI Value Chain ETF Profile
| ARCA Exchange | US Country |
Overview
The company in focus operates within the financial sector, specifically targeting the burgeoning field of cloud technology through its investment strategy. It functions by tracking the performance of exchange-listed equity securities that belong to Cloud Technology Companies. The cornerstone of its investment philosophy is to allocate at least 80% of its total assets towards the securities that compose its index, alongside investing in American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) that are based on these component securities. This approach indicates a focused yet diversified method, aiming to capture the growth and innovation within the cloud technology sector.
Products and Services
This company offers a variety of investment products and services tailored to individuals and entities interested in the cloud technology market. The offerings include:
- Cloud Technology Index Fund - A fund that invests primarily in the equity securities of companies listed on global exchanges that are significantly involved in the cloud technology industry. This includes a broad range of companies from those providing cloud infrastructure to SaaS (Software as a Service) solutions. The goal is to offer investors exposure to the cloud technology sector, which is expected to see continuous growth with the increasing adoption of cloud services across various industries.
- ADR and GDR Investments - By including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) in its portfolio, the fund affords its investors further diversification. This not only expands the global reach of the investment but also allows for participation in foreign markets without the complexities associated with direct investments in foreign equities. ADRs and GDRs represent shares in foreign companies but are traded on local exchanges, providing a seamless way to invest in international cloud technology companies.
