AI-powered ETF still all-in on stocks and finding more value: Alpha Tactics

“An ETF that chooses solely by IBM’s Watson artificial intelligence is still keeping its cash balance to a minimum with the major averages at or near record highs.

The AI Powered Equity ETF (NYSEARCA:AIEQ) is trailing the S&P 500 (SP500) (NYSEARCA:SPY) slightly year to date, up 17.5%, compared with a 19% rise in the benchmark index.

‘Not only does it take a novel approach to stock selection versus its human counterparts, but it has a solid performance track record,’ DataTrek Research co-founders Nicholas Colas and Jessica Rabe write.”

https://www.google.com/amp/s/seekingalpha.com/amp/news/3730529-ai-powered-etf-still-all-in-on-stocks-and-finding-more-value

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