StockSnips has been named the ‘Most Innovative ETF Company’ at the 2024 Benzinga Global Fintech Awards! We’re excited to drive innovation in the ETF space and provide advisors & investors with tools that deliver diversification and adaptability to today’s dynamic markets. Check out the full press release: https://lnkd.in/eaQgCF4y Learn more about the StockSnips AI-powered Sentiment US All Cap ETF at stocksnipsetfs.ai/etf. #NEWZetf #AI #ETFs #Innovation #Finance #Benzinga
StockSnips
Financial Services
Pittsburgh, PA 496 followers
Active AI-Powered Portfolio Models that leverage Investor Sentiment to Achieve Alpha.
About us
StockSnips (www.stocksnips.ai) is a US based company founded by world-class computer/data scientists and financial experts. Our vision is providing easy access to stock market news sentiment analysis to investors. Quantifying investor sentiment trends at the company level has increasingly become important in understanding its impact on price action, and our value lies in providing high quality AI-based portfolio models that leverage sentiment signals to achieve alpha. Our Portfolio Models have been validated for several investment strategies, and are being actively traded by investment professionals. By applying artificial intelligence and machine learning to portfolio construction and management, we have proven results that outperform the corresponding benchmarks. Our products are the fruits of research collaboration by AI experts, data scientists and active investors.
- Website
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https://stocksnips.ai
External link for StockSnips
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Pittsburgh, PA
- Type
- Privately Held
- Founded
- 2016
Locations
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Primary
800 Vinial Street
A200
Pittsburgh, PA 15212, US
Employees at StockSnips
Updates
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StockSnips reposted this
Check out our latest Factsheet: StockSnips AI-powered Sentiment US All Cap ETF (NEWZ): https://lnkd.in/eTeskgET November Highlights ➡️ Performance: StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) delivered a NAV return of 19.44% since inception (04/12/2024 - 11/29/2024), including a 8.42% return in November 2024. ➡️ Holdings: As of 11/29/24, NEWZ holds 30 US Large (~76%), Mid (~20%) & Small (~4%) Cap Equities across sectors, delivering uncorrelated market returns, avoiding narrow concentrated leadership found in major indices. If you have any questions, or would like a detailed overview of the fund, schedule a call with our team. #NEWZetf #AI #ETFs #Innovation #Finance The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call +1.412.452.1220 or visit the Fund’s website at stocksnipsetfs.ai/etf.
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Check out our latest Factsheet: StockSnips AI-powered Sentiment US All Cap ETF (NEWZ): https://lnkd.in/eTeskgET November Highlights ➡️ Performance: StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) delivered a NAV return of 19.44% since inception (04/12/2024 - 11/29/2024), including a 8.42% return in November 2024. ➡️ Holdings: As of 11/29/24, NEWZ holds 30 US Large (~76%), Mid (~20%) & Small (~4%) Cap Equities across sectors, delivering uncorrelated market returns, avoiding narrow concentrated leadership found in major indices. If you have any questions, or would like a detailed overview of the fund, schedule a call with our team. #NEWZetf #AI #ETFs #Innovation #Finance The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call +1.412.452.1220 or visit the Fund’s website at stocksnipsetfs.ai/etf.
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StockSnips reposted this
Could not agree more with views expressed by #ECB and #GoldmanSachs regarding risks of concentration in the US stock market indices. Our team of AI scientists at StockSnips have done extensive research on factors that influence individual equity returns and our hypothesis is that fundamentals alone do not drive prices. Investor sentiment is a new factor that we derive from news media articles using #NLP and #ML and it has proven to be a lead indicator to price movement that we leverage in our AI models. One of the benefits of this type of approach is the diversified and uncorrelated holdings when compared to major indices. “Concentration risks are high and investors should look to diversify exposure to improve risk-adjusted returns while also gaining access to potential winners in smaller technology companies and other parts of the market, including in the old economy, which will enjoy the growth of more infrastructure spend,” he advised. - Peter Oppenheimer, Goldman Sachs strategist https://lnkd.in/gQXwzhhr
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J.P. Morgan has introduced an AI-powered research analyst chatbot to its employees, revolutionizing how investment insights are accessed and utilized. If you're still unsure about the use cases for AI... this move highlights the increasing role of artificial intelligence in the financial industry, transforming traditional research workflows into real-time, dynamic solutions. At StockSnips, we’re proud to be at the forefront of this shift & believe this era of AI-powered investment solutions will provide financial professionals with precision, efficiency, and innovation. What do you think about the growing role of AI in reshaping finance?
JPMorgan Gives Staff AI-Powered ‘Research Analyst’ Chatbot
bloomberg.com
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Last week at the ADVISE AI Conference, our CEO & Founder, Ravi Koka, had the pleasure of joining a panel discussion with Chris Shuba, CEO of Helios Quantitative Research, and Harry Mamaysky, CIO of QuantStreet Capital. The discussion touched on one of the most important topics in AI for finance: removing bias from AI tools and building trust with financial advisors. 💬 Chris Shuba emphasized the inevitability of bias in AI models, pointing out that “bias can be both good and bad.” He stressed the importance of data cleanliness and the need for transparency around potential biases when using AI. 💬 Harry Mamaysky shared insights into how his firm addresses bias by using structured, clean training data, which helps ensure AI models don’t drift or hallucinate, providing more reliable outcomes for advisors and clients. 💬 Ravi Koka highlighted StockSnips' approach, using a 360-degree view from 50 million curated articles to minimize bias in sentiment-driven investment strategies. He emphasized that while no model is perfect, careful data selection can significantly reduce bias. For a deeper dive into this important conversation, check out the full article by Rachel Witkowski: https://lnkd.in/ebdDqZNt #AI #Fintech #ADVISEAI #FinancialAdvisors #AIInnovation #ETFs #WealthManagement #AIinFinance #AIandInvesting
How tech leaders are removing bias from AI
financial-planning.com
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If you're an advisor looking to attend the only wealth management conference focused on AI exclusively, StockSnips has a limited number of guest passes available! We'd love to have you join us to hear our founder speak on "What We Can Learn From the Robots: AI's Role in Investing Decisions." Reach out to rebecca@stocksnips for your free pass! Rebecca Wilde
I'm speaking at Financial Planning's upcoming conference, Advise AI, taking place October 9-10 in Las Vegas. It's the only wealth management event 100% focused on AI and its uses! To join me click here https://lnkd.in/eBCbRj-b , or let me know if you plan to be there so we can connect!
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Nitrogen’s recent report on "Investor Sentiment in Volatile Markets" highlights a key insight for advisors: frequent check-ins with clients lead to more positive sentiment about their financial future, even in volatile markets. Regular communication helps investors stay more resilient, with sentiment rising as touchpoints increase. At StockSnips, we elevate the concept of 'Investor Sentiment' with AI-powered sentiment analysis on individual US equities. While Nitrogen helps advisors track overall market sentiment of clients, StockSnips offers real-time insights into how the market feels about specific stocks. By analyzing news media sentiment, our innovative investment solutions identify trending stocks, allowing advisors and investors access to adapt quickly to changing markets via systematic and data-driven portfolios. #InvestorSentiment #AI #StockSnips #MarketVolatility #FinancialAdvisors #EquityAnalysis
Investor Sentiment in Volatile Markets
wealthmanagement.com
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Why Investors Turn to ETFs During Market Stress? As market volatility intensifies, many investors look for ways to protect their portfolios while still pursuing growth opportunities. Jared Blikre's recent article highlights a key trend: investors increasingly turn to ETFs as a tool to navigate these turbulent times. With over $7.1 trillion in assets as of Q1 2024, ETFs offer a compelling combination of low cost, diversification, and transparency, allowing investors to access global markets with ease. The intraday liquidity of ETFs provides the flexibility to adjust positions quickly—a critical advantage during periods of uncertainty. At StockSnips, our AI-powered approach to portfolio construction helps financial advisors make sense of market movements and trends. By leveraging sentiment data from news, we aim to make more confident, data-driven decisions during times of volatility. ETFs can act as "shock absorbers" in volatile markets, offering opportunities for diversification and risk mitigation while keeping you in the market. #ETFs #MarketVolatility #Investing #StockSnips #PortfolioManagement #SentimentAnalysis #RiskMitigation #FinancialPlanning
Why investors turn to ETFs during times of market stress
finance.yahoo.com
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We're excited to explore the latest AI advancements in the Wealth Tech space, just 3 weeks away at Future Proof. Last year, our AI expert Ravi Koka delivered an insightful panel on integrating AI into investing & stock picking, and how advisors can leverage it to enhance their practice. Watch the full video here: https://lnkd.in/eB5b8SUQ #WealthTech #AIinFinance #FinancialAdvisors #Investing #ArtificialIntelligence #TechInnovation #WealthManagement #HuntingtonBeach #Fintech #AI #futureproof
Generative AI in Finance: Ravi Koka at Future Proof 2023
https://www.youtube.com/