Nova Wealth Management Increases Holdings in Momentum and AI ETFs During Q2 2026

Nova Wealth Management Inc. has released its latest investment activity report for the period ending June 30th, 2026, providing valuable insights into portfolio adjustments made during this quarter.

The firm demonstrated a clear focus on momentum investing and exposure to high-growth sectors like Technology and Artificial Intelligence (AI), as evidenced by significant increases in holdings of FDMO, RWL, VGT, and THNQ. These changes suggest strategic decisions aimed at capitalizing on current market trends.

Conversely, Nova Wealth Management exited or significantly reduced positions in certain funds during Q2 2026. The most notable exit was from QGRO, where the position decreased by a substantial -69.47%. Other significant reductions occurred in SPHB (-67.35%) and KORP (-39.16%).

Specifically, FDMO experienced an enormous increase of 24,768 shares (a +173.83% change), making it a significant new holding or substantially growing an existing one. Similarly, RWL saw a large share increase (+6,041) and substantial value growth (+80.47%), while VGT increased by 551.1%. THNQ also showed remarkable buying activity with +9,301 shares (a staggering +77,508.33% change).

On the selling side, QGRO was divested significantly (-26,187 shares), indicating a major shift away from this quality growth strategy. Additionally, SPHB saw heavy selling (-5,880 shares) despite its sector allocation being small.

In summary, Nova Wealth Management's portfolio adjustments in Q2 2026 reflect targeted buying into momentum strategies and AI themes while strategically reducing exposure to certain sectors or funds that may no longer align with their investment thesis for this period. For more details on the investor profile, please visit Nova Wealth Management Inc..