Wedbush Series Trust’s Dan IVES Wedbush AI Power & Infrastructure ETF is listed on NYSE Arca and seeks to track the total return of the Solactive Wedbush AI Power & Infrastructure index before fees and expenses. Investors trade shares through Brokers at market prices, so shares can sell above or below net asset value.

Key Highlights

  • The fund is managed by Wedbush Fund Advisers, LLC, with Cullen Rogers responsible for daily portfolio management.
  • Shares are bought and sold through brokers in the Secondary Market rather than directly at net asset value.
  • Fund distributions may be treated as ordinary income, Qualified Dividend income, capital gains, or a combination.

The fund trades under the ticker IVEP. Its summary prospectus is dated August 31, 2026.

Wedbush AI and Power Fund Structure

Wedbush Fund Advisers, LLC serves as the adviser. Cullen Rogers handles the fund’s day-to-day portfolio management. Shares are issued and redeemed at net asset value only in large Creation Unit blocks, which may be purchased or redeemed by authorized participants, typically broker-dealers. Creation Unit transactions generally use a portfolio of securities, designated U.S. cash, or both. Individual investors access the fund through the secondary market and may incur the bid-ask spread, defined as the difference between the highest buyer price and the lowest seller price. Current information on net asset value, market price, premiums, discounts and bid-ask spreads is available through the fund’s website.

Market-Price Trading and Premium or Discount

Investors buy and sell individual IVEP shares through brokers at market prices instead of net asset value. Shares can therefore trade at a premium or discount to net asset value, and investors may incur costs attributable to the bid-ask spread. Fund distributions generally fall into ordinary income, qualified dividend income, capital gains, or a combination for U.S. federal income-tax purposes.