The exchange traded fund (ETF) linked to the Solactive Wedbush AI Power & Infrastructure Index targets firms involved in electricity generation, grid expansion and energy efficiency.
Wedbush Fund Advisers has launched the Dan IVES Wedbush AI Power & Infrastructure ETF, which tracks the Solactive Wedbush AI Power & Infrastructure Index. The ETF is trading on NYSE Arca under the ticker IVEP. The index is constructed using research produced by technology analyst Dan Ives The fund seeks to provide exposure to companies expected to benefit from rising demand for electricity generation, grid expansion and energy efficiency linked to the growth of artificial intelligenc