Why this ETF fund is reducing its allocation of Nvidia

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Why this ETF fund is reducing its allocation of Nvidia
AI Etfs Weldon RiceAllocationQraft Technologies
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Qraft Technologies has decreased its allocation of Nvidia (NVDA) in its AI-enhanced US large-cap ETF (QRFT) from over 6% in May to just 0.7% in June. Qraft...

) from over 6% in May to just 0.7% in June. Qraft Technologies head of AI ETFs Weldon Rice joins Catalysts to discuss the reasons behind the move.

We are A I investment technology company and, and for QR FT and all three of our ETF S that we have, we use artificial intelligence to actually select the stocks in the portfolio. And, you know, NVIDIA is one that has, you know, had an unbelievable year uh to date and had a great may.

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AI Etfs Weldon Rice Allocation Qraft Technologies

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