The Dan Ives Wedbush AI Revolution ETF (IVES) has rocketed past a major milestone, surpassing $1 billion in assets under management less than five months after its June debut.The milestone comes just two months after IVES crossed the $500 million mark, underscoring the fund’s rapid ascent amid surging investor enthusiasm for all things artificial intelligence. According to FactSet data, IVES has attracted more than $665 million of net inflows since launch.Performance has also been a key draw. The ETF has g ...

Watch this space, mark this date, and bookmark this URL. This is one we’ll likely return to within the next year or two. Because as has been the case in every past stock market cycle (at least the ones I’ve seen since the 1980s), there are events and occurrences that, at the time, do not get much attention. But some time later, traders wish they had. And so it is with the Dan Ives Wedbush AI Revolution ETF (IVES). The fund launched in early June and appears to have had about $60 million in initial assets ...