CIEN

AMOM · Weight decrease · 6d

Qraft Technologies’ AMOM, designed to pick names expected to extend their runs through its multi-signal momentum composite, has been steadily reducing its exposure to CIENA CORP. Given the ETF's weekly rebalance schedule and focus on conviction within its concentrated ~50 US large-cap basket, this sustained weight decrease over several days suggests a deterioration across its momentum and alternative-data signals for CIEN. The stock’s significant -30.1% return over the past 30 days likely triggered the algorithmic adjustment, signaling a clear break in the prior upward trend. This strategic reduction indicates that CIEN no longer aligns with AMOM's criteria for continued positive momentum, despite its prior 1-year return of +367.3%.

weight 2.020% → 1.720% (-0.300 pp)·stock down 13.0% in the 30 days before

Jul 17·entry $374.41·now $378.77

AMOM · Weight decrease · 5d

The consecutive weight decrease observed in CIENA, falling from 2.01% to 1.79% over several days, indicates a systematic de-risking by AMOM after a brief peak. This gradual reduction aligns with Qraft Technologies’ multi-signal momentum composite, which prioritizes names expected to *extend* their runs rather than simply holding top performers. With CIEN's price dropping 30.1% in the last 30 days and now sitting at 60% of its 52-week high, the algorithm likely detected a deterioration in price trends and other alternative-data signals. This move by the concentrated momentum sleeve suggests a loss of conviction in the stock's ability to maintain its upward trajectory after an extended 367.3% one-year return, prompting a tactical reduction in exposure during its weekly rebalance.

weight 2.020% → 1.790% (-0.230 pp)·stock down 16.1% in the 30 days before

Jul 16·entry $388.81·now $378.77

AMOM · Weight decrease · 4d

Qraft Technologies' AMOM fund, which employs a multi-signal momentum composite to identify US large caps expected to extend their runs, consistently reduced its allocation to CIEN over several days. Given AMOM's concentrated momentum sleeve of approximately 50 stocks and weekly rebalancing, this pattern signals that its algorithms no longer perceive CIEN as a candidate for continued upward momentum. This divestment is likely driven by CIEN's recent price performance, specifically its -33.3% return over the last 30 days, which contradicts the fund's strategy of holding names poised for further gains. Coupled with CIEN's high PER of 147.54, the AI-managed system appears to be decreasing exposure as momentum signals weaken, moving away from a stock that had delivered a significant 1-year return of +426.2%.

weight 2.020% → 1.870% (-0.150 pp)·stock down 6.2% in the 30 days before

Jul 15·entry $418.46·now $378.77

AMOM · Weight decrease · 3d

The fund's consecutive weight decrease in CIEN, moving from 2.02% to 1.94% over several days, reflects a measured rather than abrupt reduction in exposure. This gradual scaling back suggests AMOM's multi-signal momentum composite has detected a weakening in CIEN's run, particularly following its -21.5% 30-day return from a peak near its $627.00 52-week high. Despite CIEN's 30.59% revenue growth and considerable 1-year return, the Qraft Technologies' method prioritizes names expected to extend their upward trends. The persistent reduction indicates that CIEN, trading at $446.93, is no longer presenting the momentum characteristics signaling further price extension, leading the concentrated momentum sleeve to adjust its holding.

weight 2.020% → 1.940% (-0.080 pp)·stock up 0.4% in the 30 days before

Jul 14·entry $446.93·now $378.77

AMOM · Weight decrease · 2d

The AMOM ETF has gradually trimmed its CIEN position from 2.02% to 1.98% over consecutive rebalance periods, coinciding with CIEN's recent 23.2% 30-day price decline and its current valuation at $445.44, 71% below its 52-week peak. This measured, two-step reduction aligns with Qraft Technologies' multi-signal momentum composite, which aims to identify names expected to extend their upward runs rather than mechanically holding top performers. The significant short-term price retraction, despite a 1-year return of 447.7%, likely triggered AMOM's proprietary models to reduce conviction in CIEN’s immediate positive trend extension, especially for a stock priced at a PER of 147.54 and PBR of 9.79. For a concentrated momentum sleeve with weekly rebalancing, even these small, consecutive weight decreases reflect the AI's detection that the positive momentum across its various signals is no longer strong enough to justify its earlier, higher allocation within the 50-stock basket.

weight 2.020% → 1.980% (-0.040 pp)·stock up 2.5% in the 30 days before

Jul 13·entry $445.44·now $378.77

AIVL · Weight decrease · 3d

AIVL, which employs AI to identify genuine value within its approximately 100 US value stock portfolio, initiated a series of weight reductions for CIENA CORP during its periodic rebalancing. The fund's AI, tasked with scrutinizing fundamental and valuation metrics like P/E and P/B to distinguish true value from value traps, would likely find CIENA CORP's extremely high PER of 120.92 and PBR of 9.79 inconsistent with its core value profile. Despite CIENA CORP’s substantial 1-year return of +367.3%, a recent 30-day price decline of -30.1% likely triggered a reassessment within the AI's model regarding the stock's current fit for a value-tilted universe. This sustained decrease in weight from 1.0007% to 0.8890% indicates the AI's system is systematically reducing exposure as the stock no longer aligns with AIVL's value-factor criteria.

weight 1.071% → 0.889% (-0.182 pp)·stock down 13.0% in the 30 days before

Jul 17·entry $374.41·now $378.77

AIVL · Weight decrease · 2d

CIEN's PER of 120.92 and PBR of 9.79 present a valuation profile that significantly deviates from a traditional value-factor investment, even for AIVL which applies AI to distinguish genuine value from value traps. While its 30.59% revenue growth and 15.65% ROE might suggest growth characteristics, the AI employed by WisdomTree for AIVL, tasked with identifying true value within a value-tilted universe, would increasingly scrutinize such elevated valuation metrics. The consecutive decrease in CIEN's weight within AIVL from 1.0007% on July 15th to 0.9169% on July 16th, following an earlier general decline from July 10th, aligns with the stock's recent 30-day return of -30.1%. As CIEN's price declined sharply, falling to 60% of its 52-week peak, the AI's assessment of its valuation metrics (P/E, P/B, FCF yield) likely deteriorated relative to its internal value thresholds, signaling an increased risk of a value trap despite the lower absolute price.

weight 1.071% → 0.917% (-0.154 pp)·stock down 16.1% in the 30 days before

Jul 16·entry $388.81·now $378.77

AIVL · Weight decrease · 2d

CIEN's stock, at $446.93, has recently experienced a 30-day decline of -21.5% after a significant one-year surge of +457.9%, placing it at 71% of its 52-week high. AIVL, which leverages AI to score stocks based on fundamentals and valuation metrics, likely identified CIEN as less aligned with its value criteria. Despite 30.59% revenue growth and a 15.65% ROE, the extremely high P/E of 147.54 and P/B of 9.79, particularly after such a substantial price increase, likely triggered a re-evaluation by the AI. The fund's initial significant reduction of CIEN's weight from 2.4908% to around 1.0% and subsequent lower holding suggests the AI classified it as potentially overvalued relative to its earnings and other value factors within its pre-filtered US value-factor pool.

weight 1.106% → 1.062% (-0.044 pp)·stock up 2.5% in the 30 days before

Jul 13·entry $445.44·now $378.77

AIVL · Weight decrease · 2d

The weight history for CIENA CORP shows a sharp, two-day reduction in AIVL, dropping from 2.6222% to 1.0095% on July 1st and 2nd. This decisive shift reflects the fund's AI-driven methodology in light of CIEN's current valuation at a $422.46 price point. The stock's PER of 145.44 and PBR of 9.79, coupled with its 466.8% return over one year, indicate a valuation far removed from a typical value-factor investment. AIVL's AI, utilizing fundamental and valuation metrics to distinguish genuine value within its US value-factor pool, likely determined that CIEN, despite its 30.59% revenue growth, no longer fit the criteria. The substantial reduction in allocation signals the system's reclassification of CIEN, moving it away from the fund's objective of avoiding value traps.

weight 2.622% → 1.010% (-1.613 pp)·stock down 32.6% in the 30 days before

Jul 2·entry $422.46·now $378.77

PQUS · Weight decrease · 3d

CIENA CORP (CIEN) now trades at $374.41, positioned at 60% of its 52-week high after experiencing a 30-day return of -30.1%, a notable downturn despite a 1-year return of +367.3%. This specific setup, marked by recent price erosion following a period of strong gains, aligns with the AI ranking system employed by Pictet Asset Management's PQUS. As a US large-cap fund with measured turnover and periodic rebalances, PQUS's AI likely factored in CIEN’s elevated PER of 120.92 and PBR of 9.79, alongside its 30.59% revenue growth and 15.65% ROE, during a recent portfolio review. The consecutive weight decrease observed from July 15-19, moving from 0.2400% to 0.1700%, indicates the AI adjusted CIEN's allocation, possibly to manage risk within its sector-balance and concentration rules in response to the stock's rapid price depreciation.

weight 0.230% → 0.170% (-0.060 pp)·stock down 13.0% in the 30 days before

Jul 19·entry $378.77·now $378.77

PQUS · Weight decrease · 2d

Pictet Asset Management's AI ranking system for its US large-cap universe appears to be systematically de-emphasizing CIENA within the ETF's ~165 holdings. The AI's models are likely reacting to the stock's elevated valuation, evidenced by a PER of 120.92, even amidst a 30.59% revenue growth. This assessment, combined with CIENA's significant 30-day price decline of 30.1%, has likely triggered a measured reduction in conviction. The consecutive decrease in CIEN's weight from 0.2400% to 0.1800% across multiple days reflects the fund's periodic rebalance process acting on this updated ranking.

weight 0.230% → 0.180% (-0.050 pp)·stock down 13.0% in the 30 days before

Jul 18·entry $378.77·now $378.77

PQUS · Weight decrease · 2d

The AI ranking system employed by Pictet Asset Management for PQUS initiated a consecutive weight reduction in CIEN, moving from 0.3200% to 0.2300% across the periodic rebalance on July 9-10, 2026. This adjustment likely reflects a re-evaluation by the AI of the stock's elevated valuation within its US large-cap universe, as indicated by CIEN's current PER of 147.54. Despite a 1-year return of +467.2%, the recent -20.6% 30-day price correction, alongside a PBR of 9.79, could signal a shift in the AI's risk-reward assessment. Such decisive moves align with PQUS's measured turnover style and its AI's dynamic application of sector-balance and concentration rules across its portfolio of approximately 165 holdings.

weight 0.320% → 0.230% (-0.090 pp)·stock up 4.9% in the 30 days before

Jul 10·entry $460.72·now $378.77

LQAI · Exit · 1d

CIEN’s weight in LQAI experienced a clear progressive scaling down, moving from approximately 0.75% to 0.68% over several trading days before a full removal to 0.00% on July 7th. This gradual reduction, rather than an abrupt exit, indicates that the Qraft AI’s ranking for CIENA Corp incrementally deteriorated. The decline in perceived quality likely began as the stock experienced a -28.2% return over 30 days, retreating from its 52-week high of $627.00 to trade at 67% of that level, even as its 1-year return remained high at +427.9%. For LQAI, which employs an AI-driven selection for core large-cap exposure without heavy factor tilts, the combination of a sharp recent price correction and a price-to-earnings ratio of 145.44 would signal increased risk and a less balanced profile than the algorithm favors, prompting the staged divestment in alignment with its weekly rebalance schedule.

weight 0.690% → 0 (exited)·stock down 21.8% in the 30 days before

Jul 7·entry $418.91·now $378.77

LQAI · Weight decrease · 2d

Drawing from LQAI's weekly rebalancing schedule and its Qraft AI-driven ranking methodology for US large-cap core stocks, a clear shift in CIENA CORP's algorithmic standing is evident. The Qraft engine's consecutive weight reductions in CIEN, starting July 1st, suggest a re-evaluation of its attractiveness within the fund's approximately 100 holdings. This change likely reflects the stock's recent volatility, specifically its -23.8% 30-day return, which contrasts with its prior 1-year return of +466.8%. Despite the company's 30.59% revenue growth, the AI's algorithm appears to be de-prioritizing the stock, perhaps considering its high PER of 145.44 against current price trends.

weight 0.750% → 0.680% (-0.070 pp)·stock down 32.6% in the 30 days before

Jul 2·entry $422.46·now $378.77