Reported 2 days ago
Dan Ives, a tech analyst at Wedbush, has launched the Dan Ives Wedbush AI Revolution ETF (IVES), focusing on companies driving AI innovation across various sectors like robotics and semiconductors. Unlike other AI ETFs, IVES is limited to 30 specific holdings, including notable players like Nvidia and Microsoft, along with lesser-known firms like Zscaler and Pegasystems. Despite a growing interest in AI, the ETF market faces challenges due to previous investor losses in thematic funds, though IVES aims to provide a balanced exposure to the AI landscape.
Source: YAHOO