Wedbush Securities is putting a big bet on Top Tech analyst Dan Ives’ research capabilities with the launch of a new AI-focused ETF.
Investing in the next generation Artificial Intelligence Winner It has acquired a more comprehensive launch of a new exchange sales fund based on 30 stock picks from one of Wall Street’s top analysts.
Perhaps the first of its kind, the Ives AI Revolution ETF reflects the unique research of Dan Ives, managing director of Wedbush Securities and global head of technology research.
“In my 25 years of covering high-tech, I’ve never seen a bigger theme than the AI revolution,” Ives told Fox Business. “And we tried to investigate 30 technologies that best cover the semi-software, infrastructure and autonomous themes of this fourth industrial revolution. That’s really the start. AIRevolution ETF.”
The theme of the AI revolution. 30 names to perform in the Fourth Industrial Revolution. (Wedbush Securities)
Microsoft, Palantir, Meta, Tesla, Palo Alto, Nvidia It’s just a handful of names that drive trillions of spending on AI chip giant Nvidia, starting with the deployment of ChatGpt in 2022.
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| msft | Microsoft Corp. | 464.13 | +1.16 |
+0.25% |
| pltr | Palantir Technologies Inc. | 131.29 | -1.88 |
-1.41% |
| Meta | Meta Platforms Inc. | 678.72 | +11.87 |
+1.78% |
| TSLA | Tesla Inc. | 336.30 | -7.97 |
-2.31% |
| bread | Palo Alto Networks Inc. | 196.51 | -0.61 |
-0.31% |
| NVDA | Nvidia Corp. | 140.87 | -0.35 |
-0.25% |
Some of these names have been hit by trade tensions between the US and China and fears of other tariffs, but that has not changed Ive’s view.
“Taxes are in the background and continue to create uncertainty, but that doesn’t change our view that this is the fourth industrial revolution,” he added. “We’re going to be spending $2 trillion over the next three years. Now we think we’re still at the bottom of our first innings regarding this non-inning game for AI. And Tech’s second and third derivative benefits are beginning to focus on AI.”
Jensen Huang, co-founder and CEO of Nvidia Corp., owns AI accelerator chips for the data center. (Getty Images/Akiocon via Getty Images/Bloomberg)
ETFs are traded Under the aptly named ticker, Ives, we will play against several large players with AI funds, including iShares, Fidelity, First Trust, as Bettafi tracked. However, the company believes Ive and the Fund have the advantage with “active insights and passive structure.”
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| IYW | Ishares Trust Reg. DJ US Tech.Sec.Idx’s SHS | 162.09 | +0.46 |
+0.28% |
| FTEC | Fidelity Covington Trust MSCI Information Technology | 185.79 | +0.93 |
+0.50% |
| fdn | First Trust Exchange Trading Fund Dow Jones Internet Index FD | 255.84 | +1.55 |
+0.61% |
“Comparing us to others who are tracking these arbitrary things, it’s based on having AI in revenue reports that revenue hurdles or revenue hurdles or qualifiers. “I think a lot of them are following the trends. They’re trying to define them through Dan’s mouthpiece.”
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This is the company’s first ETF.
