From Nasdaq: 2025-06-17 11:00:00

Wedbush Securities’ IVES ETF exceeded $100 million in assets under management within its first five trading days. Launched on June 4, IVES focuses on AI companies, showcasing growing demand for AI exposure.

IVES, led by Dan Ives, aims to invest in firms at the forefront of AI technology. The ETF tracks the Solactive Wedbush Artificial Intelligence Index and offers diversified exposure across key AI segments.

With an expense ratio of 0.75%, IVES holds 30 stocks with top holdings in Microsoft, NVIDIA, and Broadcom, reflecting the multi-trillion dollar AI investment boom.

Wedbush’s AI ETF enters a competitive space but stands out due to its diversified and balanced portfolio strategy. The global AI market is projected to reach $4.8 trillion by 2033, highlighting the significant growth potential for IVES.

The ETF faces competition from other AI-themed ETFs like AIQ, ARTY, and QTUM. With over $100M in assets, IVES has the potential to become a top-tier AI ETF, depending on its long-term performance.

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Read more at Nasdaq: Dan Ives AI ETF Tops $100M in AUM in Just 5 Days of Launch