The American American Financial Financial Company, Wedbush Securities, has announced, in cooperation with technology expert Dan Ivs, the launch of its new investment product called ETF.
This ETF, named Dan IVES Wedbush Ai Revolution ETF, focuses on companies involved in artificial intelligence (AI). It includes companies that work on things such as artificial intelligence chips, programs, infrastructure and consumer products.
Dan Evez, a known technical analyst in Wedbush, explained that artificial intelligence no longer only helps chips makers; It now enhances many different industries.
According to CNBC After post, ETF will invest in companies that lead to creating artificial intelligence, forming partnerships, and using artificial intelligence in their work. Wedbush, a 70 -year -old financial company from Los Angeles, has decided to enter the ETF market for $ 11 trillion for the first time with this box that focuses on artificial intelligence.
They presented paper work to the Securities and Stock Exchange Committee (SEC) earlier in 2025 to achieve this step. The fund faces competition from well -known players such as the artificial Global X of intelligence and technology (AIQ), which runs more than $ 3 billion of assets and rose 22 % last year.
While IVES comes with 0.75 % administrative fees, which is higher than many objective trading investment funds but less than average 1 % for active American funds, it aims to attract investors betting on long -term growth of artificial intelligence.
Many people praised Evis’s analysis, while others expressed doubts about his optimism about Tesla’s recovery in China.
Wedbush’s move reflects a broader trend for old financial companies that target technology -based investment topics. The company plans to distribute ETF through internal and external channels, with more products in the pipeline. Investors closely monitor Amnesty International to reshape global markets.
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