Latest news with #WedbushFundAdvisers
Bloomberg
5 days ago
- Business
- Bloomberg
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)
Yahoo
5 days ago
- Business
- Yahoo
There's a new ETF focused on the AI revolution — and it's backed by a well-known tech analyst
Wall Street tech bull Dan Ives is putting his AI conviction to the test. On Wednesday, Wedbush Fund Advisers launched the Dan IVES Wedbush AI Revolution ETF, which will trade on the New York Stock Exchange under the ticker symbol IVES. The new exchange-traded fund is built on Ives's proprietary research and aims to provide investors with targeted exposure to the booming artificial intelligence sector. "The AI revolution is the biggest tech theme we've ever seen," Ives told Yahoo Finance in a phone interview following the announcement. "I've started [this] ETF because it's about the second, third, fourth derivatives of AI playing out, and that's the important thing for investors." The fund tracks 30 publicly traded companies handpicked from Ives's "AI Revolution Theme," a research framework that identifies firms with meaningful exposure to AI infrastructure, deployment, and monetization. The ETF spans a range of sectors, including semiconductors, hyperscalers, cybersecurity, consumer platforms, robotics, and cloud infrastructure. Holdings include major AI players like Nvidia (NVDA), tech giants such as Microsoft (MSFT), and defense-focused firms like Palantir (PLTR). Chinese companies Alibaba (BABA) and Baidu (BIDU) are also featured to capture exposure to AI developments in Asia. Reflecting on his investment approach, Ives explained, "I've never been too focused on valuations. It's about the themes, the best places, and the disruptors. That's all the work we do in the field." Ives said he plans to actively manage the ETF, with his team expected to update the holdings a few times a year or more, depending on evolving themes and market leaders. The fund will be available to both institutional and retail investors, although Ives noted there will be "a heavy focus on retail for all the investors that follow me." IVES debuts within a saturated market, with roughly 4,000 ETFs available in the US alone. According to Bloomberg data, more than 25 of those ETFs currently focus on the AI theme or employ AI-driven strategies. However, Ives told Yahoo Finance, "There is only one Dan Ives." He added, "There are plenty of other great vehicles out there, but there's only one that encompasses my investing team and the research that investors have trusted me to deliver." Alexandra Canal is a Senior Reporter at Yahoo Finance. Follow her on X @allie_canal, LinkedIn, and email her at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
6 days ago
- Business
- Business Upturn
Wedbush Fund Advisers Launches IVES AI Revolution ETF Built on Dan Ives' Proprietary Research
By GlobeNewswire Published on June 4, 2025, 17:31 IST LOS ANGELES, June 04, 2025 (GLOBE NEWSWIRE) — Wedbush Fund Advisers has launched the Dan IVES Wedbush AI Revolution ETF (Ticker: IVES). The ETF will provide investors with transparent, cost-effective access to 30 names at the heart of the AI Revolution. Built around the proprietary research framework of Dan Ives, Wedbush Securities Managing Director and Global Head of Technology Research, the ETF targets companies driving AI's infrastructure and deployment across semiconductors, hyperscalers, cybersecurity, consumer platforms, robotics, and cloud infrastructure. These companies form the backbone of a multi trillion-dollar investment cycle transforming global industries and accelerating enterprise and consumer adoption. Key Features of IVES ETF: Research-Driven Selection: Constituents are drawn directly from Dan Ives' proprietary research behind 'The AI Revolution Theme,' a multi-year analysis identifying 30 public companies at the core of the AI spending cycle; Cross-Sector Exposure: Covers the full spectrum of industries powering the AI economy — from infrastructure to implementation; Balanced Construction: Strategically weighted to reduce concentration risk while maintaining high-conviction thematic exposure; Future-Focused Positioning: Targets companies with both established momentum and long-term potential to lead in enterprise and consumer AI adoption. 'We're incredibly excited to bring Dan Ives' research on the AI Revolution to life through this ETF,' said Cullen Rogers, Chief Investment Officer of Wedbush Fund Advisers. 'It's a response to what investors have been asking for—direct, meaningful exposure to the companies powering the next major economic transformation: artificial intelligence.' Wedbush entered the rapidly growing ETF market earlier this year through its new Investment Management division, marking the firm's commitment to cutting-edge investment solutions and highly curated product development for our Global Family Office, Wealth Management and RIA clients. 'AI is the most transformational force in the global economy in our lifetime,' said Gary Wedbush, President and Chief Executive Officer of Wedbush Securities. 'Dan's track record speaks for itself. He's been identifying the drivers of tech disruption for years, and the IVES ETF gives investors a chance to follow that insight in a disciplined, transparent way. We are proud to offer investors exposure to the AI Revolution through the IVES ETF.' About Wedbush Fund Advisers, LLC Wedbush Fund Advisers launched in 2024 to build on Wedbush's 70-year legacy of market insight, innovation, and client trust. Our mission is to design forward-thinking investment strategies that reflect the evolving nature of markets and investor priorities. Backed by a seasoned team with decades of asset management experience, we're committed to building a trusted platform that expands Wedbush's tradition of excellence into the next era of investment innovation. Media InquiriesDeborah KostrounPhone: +1 201 403-8185 Email: [email protected] Important Information Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Carefully consider the Fund's investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting Read the prospectus carefully before investing. AI Technology Risk. AI technology is generally highly reliant on the collection and analysis of large amounts of data, and it is not possible or practicable to incorporate all relevant data into the model that such AI utilizes to operate. Certain data in such models will inevitably contain a degree of inaccuracy and error – potentially materially so – and could otherwise be inadequate or flawed, which would be likely to degrade the effectiveness of the AI technology. Companies involved in, or exposed to, artificial intelligence-related businesses may have limited product lines, markets, financial resources or personnel. These companies face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing the consumer base of their respective products and services. Many of these companies are also reliant on the end-user demand of products and services in various industries that may in part utilize artificial intelligence. Further, many companies involved in, or exposed to, artificial intelligence-related businesses may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors. Calculation Methodology Risk. The Index relies directly or indirectly on various sources of information to assess the criteria of issuers included in the Index, including information that may be based on assumptions and estimates. Neither the Fund nor the Adviser can offer assurances that the Index's calculation methodology or sources of information will provide an accurate assessment of included issuers or a correct valuation of securities, nor can they guarantee the availability or timeliness of the production of the Index. Concentration Risk. The Fund's investments will be concentrated in an industry or group of industries to the extent that the Index is so concentrated. In such event, the value of the Shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries. Investing involves risk, including possible loss of principal. Narrowly focused thematic investments will be more susceptible to factors affecting that sector and subject to more volatility. The Wedbush Funds are distributed by Foreside Fund Services, LLC. Wedbush Fund Advisers, LLC and Foreside Fund Services, LLC, are not affiliated. Investment products are not insured by the FDIC or any federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank affiliate. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
6 days ago
- Business
- Yahoo
Wedbush's Dan Ives Joins ETF Wave Turning Analysts Into Brands
(Bloomberg) -- 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. Billionaire Steve Cohen Wants NY to Expand Taxpayer-Backed Ferry The Global Struggle to Build Safer Cars At London's New Design Museum, Visitors Get Hands-On Access LA City Council Passes Budget That Trims Police, Fire Spending ICE Moves to DNA-Test Families Targeted for Deportation with New Contract 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. It's the latest in a growing trend of money managers, strategists and analysts with high name recognition launching their own ETFs in recent months, with the tally including economist Nouriel Roubini and Fundstrat's Tom Lee — the latter's fund has been able to attract more than $1 billion in inflows since its late-2024 inception. Even President Donald Trump's media company has announced plans for its own suite of ETFs and other products, with some analysts citing the famous 'Trump' brand as a potential catalyst for inflows, once the funds debut. Yet the ETF market has become known for its oversaturation of products, with some 4,200 offerings in the US alone, spanning all manner of asset classes and themes. There are more than 25 ETFs that focus on the AI theme or are AI-powered, according to data compiled by Bloomberg. For many, it's been difficult to compete in such an overcrowded field, leading to a slew of liquidations in recent years. Underperformance can also be a huge detriment to a fund's success. Ives, who has been with Wedbush for about seven years, says his years of coverage and extensive research help differentiate his ETF from other AI-centric offerings. He called AI the biggest tech theme of the past 50 years. 'Investors around the world have focused on our research in tech for decades,' he said in an interview. 'It's those same clients and philosophy that we believe is going to lead us to success here. Because when it comes to the AI revolution, we've been early, we've identified the winners.' Ives, who is a managing director and the global head of technology research at Wedbush Securities, has more than 180,000 followers on X and makes frequent media appearances. Wedbush Fund Advisers has plans for additional ETFs, according to Cullen Rogers, its chief investment officer. But for now, IVES is something that could be attractive to both retail and institutional clients, according to Rogers. 'When we looked around at our internal assets, there's no greater asset than Dan Ives, his market views, the way that he sees these seismic shifts going on across the world, especially in AI,' he said. --With assistance from Jeran Wittenstein. YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Is Elon Musk's Political Capital Spent? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? ©2025 Bloomberg L.P.
Yahoo
6 days ago
- Business
- Yahoo
Wedbush Fund Advisers Launches IVES AI Revolution ETF Built on Dan Ives' Proprietary Research
IVES Offers Targeted Exposure to Core Drivers of Artificial Intelligence LOS ANGELES, June 04, 2025 (GLOBE NEWSWIRE) -- Wedbush Fund Advisers has launched the Dan IVES Wedbush AI Revolution ETF (Ticker: IVES). The ETF will provide investors with transparent, cost-effective access to 30 names at the heart of the AI Revolution. Built around the proprietary research framework of Dan Ives, Wedbush Securities Managing Director and Global Head of Technology Research, the ETF targets companies driving AI's infrastructure and deployment across semiconductors, hyperscalers, cybersecurity, consumer platforms, robotics, and cloud infrastructure. These companies form the backbone of a multi trillion-dollar investment cycle transforming global industries and accelerating enterprise and consumer adoption. Key Features of IVES ETF: Research-Driven Selection: Constituents are drawn directly from Dan Ives' proprietary research behind 'The AI Revolution Theme,' a multi-year analysis identifying 30 public companies at the core of the AI spending cycle; Cross-Sector Exposure: Covers the full spectrum of industries powering the AI economy — from infrastructure to implementation; Balanced Construction: Strategically weighted to reduce concentration risk while maintaining high-conviction thematic exposure; Future-Focused Positioning: Targets companies with both established momentum and long-term potential to lead in enterprise and consumer AI adoption. 'We're incredibly excited to bring Dan Ives' research on the AI Revolution to life through this ETF,' said Cullen Rogers, Chief Investment Officer of Wedbush Fund Advisers. 'It's a response to what investors have been asking for—direct, meaningful exposure to the companies powering the next major economic transformation: artificial intelligence.' Wedbush entered the rapidly growing ETF market earlier this year through its new Investment Management division, marking the firm's commitment to cutting-edge investment solutions and highly curated product development for our Global Family Office, Wealth Management and RIA clients. 'AI is the most transformational force in the global economy in our lifetime,' said Gary Wedbush, President and Chief Executive Officer of Wedbush Securities. 'Dan's track record speaks for itself. He's been identifying the drivers of tech disruption for years, and the IVES ETF gives investors a chance to follow that insight in a disciplined, transparent way. We are proud to offer investors exposure to the AI Revolution through the IVES ETF.' About Wedbush Fund Advisers, LLC Wedbush Fund Advisers launched in 2024 to build on Wedbush's 70-year legacy of market insight, innovation, and client trust. Our mission is to design forward-thinking investment strategies that reflect the evolving nature of markets and investor priorities. Backed by a seasoned team with decades of asset management experience, we're committed to building a trusted platform that expands Wedbush's tradition of excellence into the next era of investment innovation. Media InquiriesDeborah KostrounPhone: +1 201 403-8185Email: deborah@ Important Information Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Carefully consider the Fund's investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting Read the prospectus carefully before investing. AI Technology Risk. AI technology is generally highly reliant on the collection and analysis of large amounts of data, and it is not possible or practicable to incorporate all relevant data into the model that such AI utilizes to operate. Certain data in such models will inevitably contain a degree of inaccuracy and error – potentially materially so – and could otherwise be inadequate or flawed, which would be likely to degrade the effectiveness of the AI technology. Companies involved in, or exposed to, artificial intelligence-related businesses may have limited product lines, markets, financial resources or personnel. These companies face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing the consumer base of their respective products and services. Many of these companies are also reliant on the end-user demand of products and services in various industries that may in part utilize artificial intelligence. Further, many companies involved in, or exposed to, artificial intelligence-related businesses may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors. Calculation Methodology Risk. The Index relies directly or indirectly on various sources of information to assess the criteria of issuers included in the Index, including information that may be based on assumptions and estimates. Neither the Fund nor the Adviser can offer assurances that the Index's calculation methodology or sources of information will provide an accurate assessment of included issuers or a correct valuation of securities, nor can they guarantee the availability or timeliness of the production of the Index. Concentration Risk. The Fund's investments will be concentrated in an industry or group of industries to the extent that the Index is so concentrated. In such event, the value of the Shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries. Investing involves risk, including possible loss of principal. Narrowly focused thematic investments will be more susceptible to factors affecting that sector and subject to more volatility. The Wedbush Funds are distributed by Foreside Fund Services, LLC. Wedbush Fund Advisers, LLC and Foreside Fund Services, LLC, are not affiliated. Investment products are not insured by the FDIC or any federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
