STOCK TITAN
The best stock market news and trading tools all in one place—your must-have platform for investing success.
A must-have platform for stock market information, offering the best tools and updates to supercharge your trading.
Your trusted source for the best stock market news, trading tools, and expert advice. Everything traders need, in one place.

StockSnips Awarded ‘Most Innovative ETF Company’ at the 2024 Benzinga Global Fintech Awards

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

StockSnips has been awarded 'Most Innovative ETF Company' at the 2024 Benzinga Global Fintech Awards, recognizing its pioneering work in AI-powered ETF management. The company's flagship product, the NEWZ ETF, actively manages investments by leveraging AI and Machine Learning to analyze media sentiment for US Large, Mid, and Small Cap equities. The ETF's innovative approach focuses on capturing growth potential through sentiment analysis before market recognition, offering advisors an alternative to traditional passive index funds.

StockSnips è stata premiata come 'Company ETF più Innovativa' agli Awards Global Fintech di Benzinga 2024, riconoscendo il suo lavoro pionieristico nella gestione degli ETF basata sull'intelligenza artificiale. Il prodotto di punta della società, il NEWZ ETF, gestisce attivamente gli investimenti sfruttando l'AI e il Machine Learning per analizzare il sentiment dei media riguardo le azioni statunitensi di grande, media e piccola capitalizzazione. L'approccio innovativo dell'ETF si concentra sulla cattura del potenziale di crescita attraverso l'analisi del sentiment prima del riconoscimento dal mercato, offrendo ai consulenti un'alternativa ai tradizionali fondi indicizzati passivi.

StockSnips ha sido galardonada como 'La Empresa ETF Más Innovadora' en los Premios Global Fintech de Benzinga 2024, reconociendo su trabajo pionero en la gestión de ETF impulsada por IA. El producto insignia de la compañía, el NEWZ ETF, gestiona activamente las inversiones aprovechando la IA y el aprendizaje automático para analizar el sentimiento de los medios en relación con acciones de gran, mediana y pequeña capitalización en EE. UU. El enfoque innovador del ETF se centra en capturar el potencial de crecimiento a través del análisis del sentimiento antes del reconocimiento del mercado, ofreciendo a los asesores una alternativa a los fondos indexados pasivos tradicionales.

StockSnips는 '가장 혁신적인 ETF 기업'으로 2024 벤징가 글로벌 핀테크 어워드에서 수상하였으며, 이는 AI 기반 ETF 관리의 선도적인 작업을 인정받은 것입니다. 회사의 대표 제품인 NEWZ ETF는 AI와 머신 러닝을 활용하여 미국의 대형, 중형 및 소형 주식에 대한 미디어 감정을 분석함으로써 투자를 적극적으로 관리합니다. ETF의 혁신적인 접근 방식은 시장 인식 전에 감정 분석을 통해 성장 잠재력을 포착하는 데 중점을 두어, 고전적인 패시브 인덱스 펀드에 대한 대안을 자문가들에게 제공합니다.

StockSnips a été récompensée comme 'La société ETF la plus innovante' lors des 2024 Benzinga Global Fintech Awards, reconnaissant son travail pionnier dans la gestion d'ETF alimentée par l'IA. Le produit phare de l'entreprise, le NEWZ ETF, gère activement les investissements en utilisant l'IA et l'apprentissage automatique pour analyser le sentiment médiatique concernant les actions américaines de grande, moyenne et petite capitalisation. L'approche innovante de l'ETF se concentre sur la capture du potentiel de croissance grâce à l'analyse des sentiments avant la reconnaissance par le marché, offrant aux conseillers une alternative aux fonds indiciels passifs traditionnels.

StockSnips wurde mit dem Preis 'Innovativstes ETF-Unternehmen' bei den 2024 Benzinga Global Fintech Awards ausgezeichnet, was die bahnbrechende Arbeit des Unternehmens im Bereich KI-gestütztes ETF-Management anerkennt. Das Flaggschiffprodukt des Unternehmens, der NEWZ ETF, verwaltet aktiv Investitionen, indem es KI und maschinelles Lernen nutzt, um die Medienresonanz zu Aktien mit großer, mittlerer und kleiner Marktkapitalisierung in den USA zu analysieren. Der innovative Ansatz des ETFs konzentriert sich darauf, Wachstumspotenzial durch Sentimentanalyse vor der Marktakzeptanz zu erfassen und bietet Beratern eine Alternative zu traditionellen passiven Indexfonds.

Positive
  • Recognition as 'Most Innovative ETF Company' at prestigious industry awards
  • Strong adoption reported from independent RIAs
  • Unique offering with uncorrelated holdings compared to traditional index funds
Negative
  • None.

PITTSBURGH--(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.

Rebecca Wilde

Managing Director

412.452.1220

rebecca@stocksnips.net

Source: StockSnips

FAQ

What award did StockSnips win at the 2024 Benzinga Global Fintech Awards?

StockSnips won the 'Most Innovative ETF Company' award at the 2024 Benzinga Global Fintech Awards.

How does the NEWZ ETF select its investments?

The NEWZ ETF selects US Large, Mid, and Small Cap equities using AI and Machine Learning to analyze News Media Sentiment, aiming to capture growth potential before market recognition.

What differentiates the NEWZ ETF from traditional passive index funds?

The NEWZ ETF offers uncorrelated holdings compared to traditional passive index funds like the S&P 500, using AI-powered sentiment analysis for active management.

StockSnips AI-Powered Sentiment US All Cap ETF

NASDAQ:NEWZ

NEWZ Rankings

NEWZ Stock Data

690.00k
United States of America