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The rapid deployment of artificial intelligence (AI) is evident; 99% of CEOs say their companies are investing in the technology. Apparently, AI is also quick at garnering assets.
Artificial intelligence has become one of the defining investment themes of this cycle. Yes, we may be hearing about the AI pullback as a valuation reset.
WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL - Get Free Report)'s stock price was down 0% during mid-day trading on Tuesday. The company traded as low as $115.90 and last traded at $116.12. Approximately 2,988 shares traded hands during trading, an increase of 4% from the average daily volume of 2,886 shares. The stock
WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL - Get Free Report)'s stock price dropped 0.9% during mid-day trading on Monday. The company traded as low as $113.81 and last traded at $113.81. Approximately 1,534 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 2,909 shares. The stock
New study shows AI stock-trading tools lagged a basic S&P 500 fund. AI-powered ETFs have similar results.
AIEQ: An Example Of AI Failure
WisdomTree U.S. AI Enhanced Value Fund is an actively managed ETF targeting value stocks with an AI model. AIVL was launched in January 2022 in the shell of an old ETF. All data prior to 1/18/2022 must be ignored. AIVL is well-diversified across sectors and holdings, but valuation is uncompelling for a mid-cap value fund.
The bank “crisis” that stormed the headlines looks much smaller in hindsight. That doesn't mean that banks' impact on markets in 2023 has meaningfully lessened, however.
SEC filings for AIVL aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.