VIAV

AMOM · Weight decrease · 2d

VIAV currently trades at $38.16, 69% of its 52-week high, having delivered a 1-year return of +273.0% and a 90-day return of +28.4%. Despite these longer-term gains, the stock registered a -28.3% return over the last 30 days, signaling a distinct shift in its immediate price trend. Qraft Technologies’ multi-signal momentum composite, managing AMOM, aims to identify names expected to extend their upward runs rather than simply holding past top performers. The consecutive decrease in AMOM’s weight for VIAV, moving from 1.00% to 0.94% between July 14 and July 16, reflects the AI’s determination that the recent decline undermines the continuation of VIAV's momentum. This adjustment aligns with AMOM’s concentrated momentum style, where position changes carry conviction as underlying signals like price trends weaken.

weight 1.000% → 0.940% (-0.060 pp)·stock down 31.7% in the 30 days before

Jul 16·entry $36.93·now $39.43

AMOM · Weight decrease · 6d

Qraft Technologies' AMOM fund, structured to identify names expected to extend their runs, has been systematically reducing its exposure to VIAVI SOLUTIONS INC. The consecutive daily weight decreases from 1.19% to 1.08% reflect the multi-signal momentum composite detecting a waning continuation signal for the stock. This strategic adjustment likely stems from VIAV's recent 30-day return of -4.0%, which contrasts its longer-term gains and suggests a shift in short-term price trends. Given AMOM's weekly rebalancing schedule and its concentrated basket of around 50 US large caps, these deliberate position changes indicate the AI model has adjusted its conviction for VIAV's ongoing momentum.

weight 1.190% → 1.080% (-0.110 pp)·stock down 1.7% in the 30 days before

Jun 30·entry $47.75·now $39.43

AMOM · Weight decrease · 5d

Qraft Technologies’ AMOM, which constructs a focused portfolio of approximately 50 US large caps by selecting names expected to extend their momentum, initiated a consecutive weight decrease in VIAV. The fund’s multi-signal composite likely registered a shift in VIAV’s short-term trajectory, prompting the AI manager to reduce conviction over several days, with the weight falling from 1.18% to 1.09%. This adjustment aligns with AMOM's design to actively manage its concentrated sleeve based on evolving momentum, not just prior gains. Despite VIAV’s substantial +412.5% 1-year return, the recent -7.8% 30-day return likely signaled to the fund that the stock was no longer displaying the characteristics needed to extend its run, warranting a change in position during its weekly rebalance period.

weight 1.190% → 1.090% (-0.100 pp)·stock down 2.2% in the 30 days before

Jun 29·entry $47.41·now $39.43

AMOM · Weight decrease · 4d

VIAV's 90-day return of +80.9% and 1-year return of +418.8% initially positioned it as a strong candidate for AMOM's concentrated momentum sleeve, which selects US large caps expected to extend their runs. However, the detected consecutive weight decrease from June 23rd to June 26th, reducing VIAV's allocation from 1.1800% to 1.1300%, directly coincided with a 30-day price decline of -10.3%. This systematic reduction indicates Qraft Technologies' multi-signal momentum composite, which includes price trends, perceived a softening in VIAV's momentum. The AI-driven manager, known for weekly rebalances and conviction in its position changes, adjusted exposure to VIAV at its current $47.63 price, signaling a diminished probability of continued upward movement despite the stock holding at 86% of its 52-week high.

weight 1.190% → 1.130% (-0.060 pp)·stock down 10.2% in the 30 days before

Jun 26·entry $47.63·now $39.43

AMOM · Weight decrease · 3d

VIAV's prior 90-day return of +80.9% and 1-year return of +418.8% initially drove its inclusion, aligning with AMOM's multi-signal momentum composite designed to pick names extending their runs. Given the ETF's concentrated momentum sleeve where position changes carry conviction, the sequential weight reductions from 1.25% to 1.09% between June 15-18, followed by further decreases from 1.18% to 1.15% between June 23-25, reflect a clear shift. These subsequent consecutive decreases coincided with the stock experiencing a -10.3% 30-day return. This suggests the AI manager's combination of price trends, earnings revisions, and alternative-data signals no longer identified sufficient forward momentum at its current $47.63 price, which stands at 86% of its 52-week high.

weight 1.190% → 1.150% (-0.040 pp)·stock down 6.2% in the 30 days before

Jun 25·entry $50.44·now $39.43

AMOM · Weight decrease · 2d

Qraft Technologies' AMOM, designed to select around 50 US large caps expected to extend their runs, reduced its VIAV allocation over several days in mid-June, reflecting a diminishing conviction in the stock's continued momentum. This gradual decrease, occurring despite VIAV's 90-day return of +87.9%, aligns with the fund's multi-signal approach which prioritizes future run extension over simply holding past performers. The concentrated momentum sleeve, rebalanced weekly, likely detected a shift in near-term signals, possibly influenced by the company's -7.5% 30-day return, prompting the AI to scale back on this position rather than exit entirely. For an AI-managed ETF focused on extending runs, a consecutive weight reduction suggests a reassessment of VIAV’s immediate upside, even with its history of strong longer-term gains.

weight 1.190% → 1.170% (-0.020 pp)·stock down 0.2% in the 30 days before

Jun 24·entry $49.41·now $39.43

AMOM · Weight decrease · 4d

Qraft Technologies' AMOM, designed to identify stocks expected to extend their momentum runs through its multi-signal composite, initiated a consecutive weight reduction in VIAV during its weekly rebalancing. This adjustment reflects the system detecting a shift away from the stock's prior momentum, moving from a 1.25% allocation to 1.09%. While VIAV has seen a substantial 1-year return of +399.7%, the recent 30-day return of -7.6% likely signaled to the AI that the short-term trend is no longer aligned with the fund's specific criteria for extending a run. Given AMOM's concentrated ~50 US large cap portfolio, this sustained decrease in position represents a deliberate conviction shift by the manager's system, rather than a mechanical adjustment.

weight 1.270% → 1.090% (-0.180 pp)·stock down 4.3% in the 30 days before

Jun 18·entry $47.17·now $39.43

AMOM · Weight decrease · 3d

Qraft Technologies' AMOM fund, which utilizes a multi-signal momentum composite to identify names expected to extend their runs, decreased its allocation to VIAV based on its weekly rebalancing schedule. The concentrated nature of the ~50 US large-cap portfolio means that such a consecutive weight reduction in VIAV, from 1.25% to 1.15% over two days, reflects a clear signal from the AI’s model. This adjustment likely stems from VIAV's recent performance, specifically its -7.6% 30-day return, signaling a potential shift away from the stock's prior upward trajectory that the fund seeks to capture. Rather than mechanically holding the top quintile, AMOM's method suggests the AI now perceives a diminishing probability of VIAV extending its previous run, prompting this measured reduction in exposure.

weight 1.270% → 1.150% (-0.120 pp)·stock down 2.1% in the 30 days before

Jun 17·entry $48.73·now $39.43

AMOM · Weight decrease · 2d

AMOM, with its multi-signal momentum composite designed to pick names expected to extend their runs, decreased its allocation to VIAV following recent price trends. The AI manager’s weekly rebalance likely identified a weakening short-term trajectory for the stock, prompting a consecutive reduction in weight from 1.2500% to 1.1900% over June 15-16. Despite VIAV's 90-day return showing a significant +89.9% gain, the fund's concentrated momentum sleeve, comprised of about 50 US large caps, prioritizes current and future momentum. This adjustment reflects the model's conviction-based approach, responding to the stock's recent 30-day return of -7.2% as a signal that its positive run might be decelerating.

weight 1.270% → 1.190% (-0.080 pp)·stock down 2.6% in the 30 days before

Jun 16·entry $50.10·now $39.43

AMOM · Sudden change · 1d

VIAV's 1-year return of +471.1% and 90-day return of +181.4% indicate a substantial uptrend, aligning with AMOM's multi-signal momentum strategy to identify securities expected to extend their runs. Qraft Technologies, as manager, significantly increased the ETF's position in VIAV from 0.88% to 1.25% on 2026-06-02, a day when the stock traded at $52.88, nearing its 52-week high of $55.33. This 42% increase in allocation within AMOM's concentrated momentum sleeve reflects a high-conviction decision. The fund's methodology likely perceived VIAV's consistent upward trajectory and position at 96% of its 52-week high as a signal of continued positive price trends, earnings revisions, or fundamental momentum.

weight 0.880% → 1.250% (+0.370 pp)·stock down 4.4% in the 30 days before

Jun 2·entry $52.88·now $39.43

AMOM · Weight decrease · 2d

The weight of VIAV in AMOM experienced a distinct reduction, recently moving from 1.00% to 0.91% within days, signifying a clear step down in allocation for a fund built on conviction. Despite VIAV delivering significant gains of 154.0% over 90 days and 419.9% over the past year, its current price of $48.56, standing at 88% of its 52-week high, suggests a potential moderation in its upward velocity. Qraft's multi-signal momentum composite, designed to pick names expected to extend their runs, likely detected that while past performance was strong, the future momentum needed for extension might be diminishing or facing resistance near previous highs. For a concentrated momentum sleeve making weekly rebalances, this downward adjustment indicates the AI manager's collective signals are signaling a waning conviction in VIAV's continued acceleration, leading to a calculated reduction of its position rather than mechanically holding its prior allocation.

weight 1.010% → 0.910% (-0.100 pp)·stock up 12.3% in the 30 days before

May 28·entry $48.49·now $39.43

AMOM · Weight decrease · 3d

VIAV’s recent performance includes a 30-day return of +29.1% and a 90-day return of +190.8%, with a 1-year return reaching +453.4%, positioning the stock at $49.75, 90% of its 52-week high. These metrics initially align with Qraft's AMOM multi-signal momentum composite, which seeks names expected to extend their runs based on price trends and other factors, rather than mechanically holding top quintile performers. Despite these sustained gains, a consecutive weight decrease for VIAV began on May 12th, dropping from 1.0300% to 0.9800% by May 18th, precisely as the stock approached the upper bound of its 52-week range. Given AMOM’s concentrated momentum sleeve and its method of picking extension candidates, the AI-driven system likely detected a potential deceleration in the underlying momentum signals—such as price trends or fundamental momentum—as VIAV reached these elevated levels. This consistent reduction in weight over several rebalance periods signifies a deliberate scaling back of exposure, indicating that Qraft’s system no longer considers VIAV a primary candidate for extending its existing powerful run.

weight 1.030% → 0.980% (-0.050 pp)·stock up 12.7% in the 30 days before

May 18·entry $49.75·now $39.43

AMOM · Weight decrease · 2d

VIAV is currently priced at $51.43, sitting at 93% of its 52-week high of $55.33, after experiencing significant gains including +43.4% over 30 days, +177.4% over 90 days, and +469.5% over the past year. This trajectory indicates the stock has had a substantial upward run and is nearing a potential near-term peak. Qraft Technologies' AMOM, which employs a multi-signal momentum composite to pick names expected to extend their runs, likely detected shifts in its underlying indicators for VIAV as the price approached these elevated levels. The consecutive weight decreases observed, from 1.05% on May 11 to 1.00% by May 15, suggest the AI-managed system is progressively reducing its exposure. Given AMOM's concentrated momentum sleeve and weekly rebalancing, this action signals the model's assessment that VIAV's current momentum, while strong, might not sustainably extend further, prompting a calculated reduction in allocation within the portfolio rather than mechanically holding a top-performing stock.

weight 1.030% → 1.000% (-0.030 pp)·stock up 25.0% in the 30 days before

May 15·entry $51.43·now $39.43

AMOM · Weight decrease · 3d

The AI ETF likely initiated the consecutive weight decrease for VIAV due to the detection of deteriorating fundamental signals, negative price momentum, or a shift in market sentiment picked up by its algorithms. This systematic reduction suggests the AI is actively managing risk and optimizing its portfolio based on a sustained negative outlook for the stock. For retail investors, this pattern serves as a practical red flag, indicating that sophisticated algorithms are identifying reasons to reduce exposure to VIAV. It should prompt independent due diligence into the company's recent performance or news, as the AI's actions suggest a potentially weakening investment case.

weight 1.070% → 0.990% (-0.080 pp)·stock up 19.8% in the 30 days before

May 8·entry $51.21·now $39.43

AMOM · Weight decrease · 2d

The AI-managed ETF likely initiated these consecutive, albeit small, weight decreases for VIAV due to minor deteriorating technical signals or a slight re-evaluation of its risk-reward profile within the broader portfolio. This suggests the AI identified more favorable opportunities elsewhere or a marginal increase in perceived risk for VIAV. For retail investors, observing such subtle, continuous trimming by an AI system should prompt a review of their own positions in VIAV, considering it may indicate a nuanced shift in market sentiment or fundamentals that sophisticated algorithms detect early. It highlights the importance of continuous monitoring and not just major portfolio changes.

weight 1.070% → 1.010% (-0.060 pp)·stock up 23.3% in the 30 days before

May 7·entry $51.05·now $39.43