TRGP

AIEQ · Exit · 1d

Amplify ETFs' AIEQ, guided by its IBM Watson NLP-driven analysis, eliminated Targa Resources Corp from its portfolio following a shift in its daily fundamental and sentiment ranking for US equities. The fund's operational style, which includes daily rebalancing and maintaining a dynamic portfolio of 140-180 US stocks, allowed for a swift exit, as seen by the holding declining from 0.31% to 0.00% by May 30th. Despite Targa's recent price appreciation, currently at 92% of its 52-week high, the AI's models may have identified a less favorable outlook or found its 1.1% revenue growth insufficient to warrant continued inclusion compared to other opportunities across the broad market. This move indicates the system's continuous search for top-ranked positions based on its hybrid analysis.

weight 0.290% → 0 (exited)·stock up 2.0% in the 30 days before

May 30·entry $259.08·now $282.35

AIEQ · Weight decrease · 2d

TRGP currently exhibits a P/E of 26.39, a P/B of 12.91, and a modest revenue growth of 1.1%, while maintaining a significant ROE of 74.16%, which AIEQ's fundamentals + sentiment hybrid style would consider. AIEQ, leveraging IBM Watson NLP for daily rankings, registered a consecutive weight decrease for TRGP on May 27 and 28, moving from 0.3000% to 0.2900%. This rebalancing occurred as TRGP reached $262.13, trading at 95% of its 52-week high following a swift +9.3% return over the preceding 30 days. The fund's high-turnover nature suggests that new fundamental or sentiment data, combined with the stock's elevated valuation and recent appreciation, likely prompted EquBot's risk overlay to reduce exposure to TRGP.

weight 0.310% → 0.290% (-0.020 pp)·stock up 5.5% in the 30 days before

May 28·entry $262.13·now $282.35

AMOM · Weight decrease · 2d

TRGP currently sits at 97% of its 52-week high after a significant 1-year return of 58.1%, yet has experienced a modest 2.4% pullback over the last 30 days. This recent shift in price trend, following a period of strong performance, likely prompted AMOM to re-evaluate the stock's potential to extend its run. As AMOM's multi-signal momentum composite looks for continued upward trajectories rather than simply holding top performers, the system might have registered a deceleration in TRGP's underlying momentum. While the company's ROE is high at 74.16%, its revenue growth of 1.1% is relatively low, and valuations such as a PER of 27.05 are elevated, suggesting less room for further fundamental acceleration. The subsequent consecutive weight decrease, from 2.08% on June 26th to 1.94% by June 30th, reflects a reduced conviction in TRGP's ability to maintain its prior momentum. This adjustment aligns with the ETF's concentrated style, where portfolio changes signal a firm shift in the system's outlook for a specific holding.

weight 2.080% → 1.940% (-0.140 pp)·stock up 5.1% in the 30 days before

Jun 30·entry $268.14·now $282.35

AMOM · Weight decrease · 2d

The TRGP position within AMOM saw a gradual, consecutive weight decrease from 2.03% to 2.00% over two trading days, following a recent upward adjustment to its allocation. This minor recalibration by Qraft Technologies' AMOM reflects its multi-signal momentum composite detecting a potential slowing in the stock's ability to significantly extend its run, especially with TRGP trading at $272.61, just under its 52-week high of $276.75 after a 55.9% return over one year. While the energy company exhibits a 74.16% return on equity, the fund, which avoids mechanically holding top performers and emphasizes conviction in its ~50 large-cap basket, may interpret the current price saturation combined with a modest 1.1% revenue growth as a cue for a tactical, slight reduction in exposure.

weight 2.030% → 2.000% (-0.030 pp)·stock up 1.3% in the 30 days before

Jun 25·entry $273.45·now $282.35

AMOM · Weight decrease · 3d

TRGP's PBR of 12.91 and a PER of 27.44, alongside a 1.1% revenue growth, suggest to Qraft’s multi-signal momentum composite that the stock's ability to extend its current run might be moderating, despite its high 74.16% ROE. The concentrated momentum sleeve of the AMOM portfolio, built for conviction in its position changes, initiated consecutive weight reductions for TRGP starting around June 11th. This rebalancing occurred as TRGP's current price of $262.33 approached 95% of its 52-week high, with its 30-day return slowing to 1.3% compared to its 90-day gain of 27.6%. The AI-driven method, which integrates price trends and fundamental momentum signals to identify stocks expected to prolong their performance, likely detected a shift in TRGP's momentum profile at these elevated valuation and price levels, prompting the systematic decrease in allocation within the AMOM portfolio.

weight 2.250% → 1.950% (-0.300 pp)·stock down 1.9% in the 30 days before

Jun 15·entry $262.33·now $282.35

AMOM · Weight decrease · 2d

TRGP's ROE of 74.16% and PBR of 12.91, alongside a PER of 27.44, signal a company that has generated significant shareholder value relative to its equity, attributes which a multi-signal momentum composite like Qraft's AMOM would initially consider for its concentrated momentum sleeve. However, while AMOM aims to select names expected to extend their runs, the company’s 1.1% revenue growth may indicate a deceleration in fundamental momentum. The consecutive weight reduction to 2.08% on June 11th and 12th coincided with TRGP's price reaching $272.60, nearing its 52-week high of $276.75 after a 67.9% return over one year. This suggests Qraft's model, integrating price trends, earnings revisions, and alternative-data signals, detected diminishing potential for further substantial upside in TRGP at this elevated valuation, prompting a tactical adjustment rather than an exit.

weight 2.250% → 2.080% (-0.170 pp)·stock up 3.5% in the 30 days before

Jun 12·entry $272.60·now $282.35

AMOM · Sudden change · 1d

The weight pattern for TRGP in AMOM showed a slight reduction from 1.7000% to 1.5400% over late May, followed by a sudden, substantial increase to 2.0000% on June 2. This stepped adjustment, representing a 0.46 percentage point allocation change, indicates the AI manager, Qraft Technologies, identified a renewed conviction. Given AMOM's multi-signal momentum composite targets stocks expected to extend their runs, the system likely processed TRGP's 90-day return of 37.5% and current price at 95% of its 52-week high as a sustained price trend. Furthermore, TRGP's 74.16% ROE and PBR of 12.91 likely contributed as strong fundamental momentum signals, overriding any prior minor rebalancing to justify a concentrated position within the ETF's small, actively managed basket.

weight 1.540% → 2.000% (+0.460 pp)·stock up 3.5% in the 30 days before

Jun 2·entry $263.30·now $282.35

AMOM · Weight decrease · 4d

The weight history for TRGP in AMOM demonstrates a series of consecutive daily decreases, particularly noticeable from May 26 to May 29, following an overall reduction beginning May 19. This persistent trimming suggests Qraft Technologies' multi-signal momentum composite is identifying a diminishing likelihood for TRGP to extend its current price run, despite having delivered a 53.9% return over one year and trading at 92% of its 52-week high. For AMOM, which prioritizes names expected to continue their upward trajectories, the stock's high PER of 25.68 and PBR of 12.91, combined with a 1.1% revenue growth, likely triggered signals of decelerating fundamental momentum. This calibrated adjustment within AMOM's concentrated momentum sleeve reflects the AI's conviction that the energy company’s future momentum potential is less compelling than previously assessed.

weight 1.720% → 1.540% (-0.180 pp)·stock up 2.0% in the 30 days before

May 29·entry $255.07·now $282.35

AMOM · Weight decrease · 3d

TRGP's P/E of 25.68 and P/B of 12.91, alongside 1.1% revenue growth despite a 74.16% ROE, suggest that while profitability is high, the valuation might be stretching without strong growth acceleration. The AMOM fund, designed to pick names expected to extend their runs based on a multi-signal momentum composite, likely detected a deceleration in these fundamental momentum signals or other contributing factors. This adjustment aligns with the consecutive weight decreases beginning on May 26, shortly after the stock had posted a 34.2% return over 90 days and approached 92% of its 52-week high of $276.75. Given AMOM's concentrated momentum sleeve, the reduction in TRGP's allocation indicates a waning conviction from its AI manager regarding the stock's potential to continue its prior momentum trajectory at these price levels. The weekly rebalancing mechanism enabled Qraft to promptly respond to these evolving signals.

weight 1.720% → 1.590% (-0.130 pp)·stock up 5.5% in the 30 days before

May 28·entry $262.13·now $282.35

AMOM · Weight decrease · 2d

Qraft Technologies’ AMOM ETF operates a concentrated momentum sleeve with approximately 50 large-cap holdings, rebalancing weekly to identify names expected to extend their runs, rather than just holding current winners. The consecutive weight decrease in TRGP indicates the fund’s multi-signal momentum composite detected fading potential for further extension, even as the stock had a 30-day return of +10.4%. While TRGP trades at 95% of its 52-week high, the system's focus on future momentum, integrating signals beyond just price, likely flagged concerns about its continued climb. This shift in conviction, which by design carries weight in AMOM's concentrated portfolio, may reflect the comparatively low 1.1% Revenue Growth, suggesting underlying factors were not supporting a sustained surge.

weight 1.720% → 1.600% (-0.120 pp)·stock up 9.3% in the 30 days before

May 27·entry $263.65·now $282.35