StockSnips AI-Powered Sentiment US All Cap ETF
NEWZ
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Rob Buchanan
- Full Time Employees
- 118
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3803 West Chester Pike Newtown Square PA United States of America 19073
- IPO Date
- Apr 12, 2024
- Website
- stocksnipsetfs.ai
- Similar Companies
- Business
- StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in U.S.-listed large, mid-, and small-cap equities exhibiting the strongest positive trends in proprietary news media sentiment signals. The fund employs advanced artificial intelligence and natural language processing algorithms to analyze unstructured textual data from daily news articles, blog posts, SEC filings, and earnings transcripts, ranking approximately 5,000 U.S. equities based on positive news volume and sentiment momentum; the top 30 to 50 securities are selected, equal-weighted, and constitute up to 95% of the portfolio under normal conditions, with monthly rebalancing and reconstitution. It targets investors seeking diversification and uncorrelated returns through sentiment-driven strategies that complement traditional fundamental analysis, focusing on growth potential before broad market recognition. NEWZ was launched on April 12, 2024, and trades on Nasdaq; it is issued through EA Series Trust and sub-advised by StockSnips Inc., an AI-driven investment firm founded in 2016 and headquartered in Pittsburgh, Pennsylvania. StockSnips Inc. provides the core technology platform, leveraging over six decades of collective founder expertise in AI, machine learning, natural language processing, and data science, led by CEO Ravi Koka; the firm partners with investment professionals for signal validation and portfolio strategies while operating primarily in the U.S. market. The ETF maintains an expense ratio of 0.75%, with assets under management around $19 million as of recent data, a portfolio turnover rate of 206% for the period ending January 31, 2025, and a dividend yield of approximately 0.26%. In a major milestone, StockSnips unveiled NEWZ as its inaugural ETF product in April 2024, marking the firm's entry into actively managed exchange-traded funds and expanding its AI-powered sentiment solutions from advisory services to retail-accessible products amid surging demand for technology-driven investment vehicles. No further significant partnerships, acquisitions, funding rounds, or strategic shifts have been announced for StockSnips or NEWZ within the last 1-2 years, with the fund maintaining its core methodology through ongoing monthly adjustments to reflect evolving news sentiment dynamics.