Trading and investing platform eToro has partnered with BridgeWise, an AI-based investment intelligence provider, to launch a portfolio called MidCapDiverse. The portfolio focuses on US mid-cap stocks.

Recently, eToro introduced seven AI-driven investment portfolios that use machine learning to analyze retail trading data. These portfolios allow retail investors to access quantitative strategies typically available to institutional investors. Building on this, the new MidCapDiverse portfolio focuses on mid-cap companies in the US market.

Portfolio Focuses on US Mid-Caps

The portfolio consists of 30 US-listed companies with market capitalizations up to $50 billion. These companies are selected using BridgeWise’s proprietary stock analysis model, which ranks firms based on fundamental financial data and sector diversity.

MidCapDiverse is eToro’s first Smart Portfolio dedicated to mid-cap stocks. The portfolio includes companies with compact financials across various sectors.

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Investors can track the portfolio’s performance using tools and charts available on the eToro platform. The platform’s social feed provides updates related to the sectors represented in the portfolio.

This article was written by Tareq Sikder at www.financemagnates.com.FinTechRead More

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