Wedbush's Dan Ives Joins ETF Wave
Wall Street tech analyst Dan Ives is lending his personal brand to power a new ETF riding the artificial-intelligence boom, joining a growing pack of finance names looking to monetize their industry renown with retail-friendly investment funds. Wedbush Fund Advisers is launching a product tracking the investment picks touted by Ives, whose high-conviction tech calls have earned him a sizable following among the likes of retail investors. The Dan IVES Wedbush AI Revolution ETF is launching Wednesday with the ticker IVES, and is focused on Ives' 'proprietary research.' It comprises 30 names in AI sectors, including semiconductors, cybersecurities and robotics, among others. (Source: Bloomberg)
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