AI Powered Equity ETF (AIEQ)
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AI Powered Equity ETF (AIEQ)
AI Powered Equity ETF (AIEQ)
AI Powered Equity ETF (AIEQ)
Rise Of The Machines With This ETF
Robots haven't taken over the world, at least not yet, but one exchange traded fund powered by artificial intelligence is performing pretty well. The AI Powered Equity ETF (NYSE: AIEQ ) is higher by nearly 19% year to date. What Happened Backed by IBM's famous Watson supercomputer, AIEQ, which turns two years old in October, is an actively managed ETF using artificial intelligence in its stock identification process. “The fund applies proprietary analytical algorithms to artificial intelligence (AI) technology, which can process over one million pieces of information per day, to build predictive financial models on approximately 6,000 U.S. companies,” according to ETFMG . This year, AIEQ's methodology is working as it … Full story available on Benzinga.com
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