Amplify AI Powered Equity ETF
AIEQ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3333 Warrenville Road, Suite 350 Lisle IL United States of America 60532
- IPO Date
- Oct 18, 2017
- CIK
- 0001467831
- Website
- amplifyetfs.com
- Similar Companies
- Business
- Amplify AI Powered Equity ETF (AIEQ) is an actively managed exchange-traded fund that seeks to track the performance of the AI Powered Equity Index through a proprietary quantitative model powered by artificial intelligence. Launched on October 17, 2017, and listed on NYSE Arca, the fund utilizes IBM Watson for machine learning, sentiment analysis, and natural language processing to select U.S. equity securities from a universe of thousands of companies across all market capitalizations, including SPACs and REITs; it analyzes up to ten years of historical data alongside recent economic indicators, news, social media, financial statements, and market data to identify stocks with high probability of capital appreciation over a 12-month horizon, targeting maximum risk-adjusted returns relative to the broader U.S. equity market. The ETF holds approximately 160-163 securities, diversified across growth and value stocks in sectors such as technology and healthcare, with a total expense ratio of 0.75%; Amplify Investments LLC serves as the investment adviser, Tidal Investments LLC as sub-adviser, and EquBot Inc. as index provider. Headquartered in Lisle, Illinois, the fund operates primarily in the U.S. market, targeting long-term investors seeking AI-driven, data-centric equity exposure without human bias. In recent developments, management transitioned to Charles Ragauss and Qiao Duan as of January 26, 2024, reflecting a strategic shift in portfolio oversight; the fund continues monthly rebalancing under the EquBot model amid ongoing assets under management around $116-143 million.