StockSnips Awarded ‘Most Innovative ETF Company’ at the 2024 Benzinga Global Fintech Awards
November 26 2024 - 9:44AM
Business Wire
StockSnips, a leader in AI-powered investment solutions, has
been named the ‘Most Innovative ETF Company’ at the
prestigious 2024 Benzinga Global Fintech Awards. This recognition
highlights StockSnips' groundbreaking work in ETF construction and
management through the integration of Artificial Intelligence.
The award, presented at Benzinga's 10th annual event held at
Convene Brookfield Place in New York City, celebrates the companies
driving the future of financial technology. StockSnips’ innovative
approach to ETF management stood out among a competitive field for
its ability to leverage cutting-edge AI and Natural Language
Processing (NLP) to build sentiment-based investment strategies
that are adaptive to changing market conditions.
“This recognition is a testament to our mission of empowering
investors with active AI-powered solutions that are typically not
available to advisors and retail investors,” said Ravi Koka,
Founder and CEO of StockSnips. “At StockSnips, we believe the
future of investing lies in harnessing technology to make informed,
systematic, and efficient decisions. Winning the ‘Most Innovative
ETF Company’ award reaffirms the impact of our work and inspires us
to continue pushing the boundaries of innovation in the financial
industry.”
Revolutionizing ETFs with AI
StockSnips is the creator of the newly launched NEWZ ETF,
which is an actively managed ETF designed to help investors
navigate the overwhelming surge of news and information using
Artificial Intelligence and Machine Learning. NEWZ distinguishes
itself by systematically selecting US Large, Mid, and Small Cap
equities that are trending in StockSnips proprietary News Media
Sentiment, a proxy for investor sentiment that aims to capture
individual equities growth potential before it’s fully recognized
by the market.
"We’re experiencing strong adoption and interest from
independent RIAs, driven by both the innovative methodology behind
our approach and the uncorrelated holdings of our ETF compared to
traditional passive index funds like the S&P 500," said Rebecca
Wilde, Managing Director. "Our strategy offers advisors a highly
attractive sleeve to complement core portfolios while equipping
them with a distinctive story to engage with both new and existing
clients."
About StockSnips
Founded by leading AI & Data Science experts, StockSnips,
headquartered in Pittsburgh, is an SEC registered Investment
Advisor providing active, AI-powered portfolios & ETFs to serve
the emerging needs of investors by leveraging AI in portfolio
construction and management.
About the Benzinga Global Fintech Awards
The Benzinga Global Fintech Awards celebrate the companies and
individuals driving innovation in financial technology. Now in its
10th year, the event honors leaders across over 25 categories,
recognizing those shaping the future of finance.
For more information about StockSnips and the NEWZ ETF, please
visit https://stocksnipsetfs.ai/
Important Information
The Fund's investment objective, risks, charges and expenses
must be considered prior to investing.
Click here for the NEWZ Prospectus and
Summary Prospectus. A free hardcopy of any prospectus may
be obtained by calling +1.215.882.9983 or visiting
https://stocksnipsetfs.ai/. Read carefully before
investing.
Investments involve risk. Principal loss is possible.
Redemptions are limited and often commissions are charged on each
trade. Unlike mutual funds, ETFs may trade at a premium or discount
to their net asset value.
Principal risks of investing in the Fund include: AI Model Risk,
Foreign Securities Risk, Risk of Investing in Other ETFs, New Fund
Risk, Machine Learning Risk, Risk of Investing in the U.S., ADR
Risk, Investment Risk, Equity Investing Risk, Management Risk, High
Portfolio Turnover Risk, and Geopolitical/Natural Disaster Risk.
For more detailed information about risks inherent in investing in
the Fund, please review the Prospectus.
The Fund is distributed by Quasar Distributors, LLC.
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version on businesswire.com: https://www.businesswire.com/news/home/20241126244888/en/
Rebecca Wilde Managing Director 412.452.1220
rebecca@stocksnips.net
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