Ameriprise Financial Shares Surge 1.49% as $310M Volume Propels Stock to 340th Most Traded in U.S. Markets

Ameriprise Financial (AMP) closed on September 26 with a 1.49% gain, trading on a volume of $310 million—a 66.21% increase from the previous day. The stock ranked 340th in trading activity among U.S. equities, reflecting heightened investor interest amid evolving market conditions.

Recent developments highlight shifting investor sentiment toward asset management firms as broader equity markets consolidate. Analysts noted that Ameriprise’s performance aligns with renewed focus on financial services stocks following macroeconomic data releases. The firm’s client assets under management have remained resilient, though sector-wide volatility persists due to uncertainty around upcoming fiscal policy adjustments.

To run this back-test I need to clarify a few practical details so I can pull the correct data and set the engine up properly: 1. Universe • Which market should the “top 500” be drawn from (e.g., all U.S. listed stocks on NYSE + NASDAQ, or another universe)? • Do you want to include ETFs or restrict the list to common stocks only? 2. Ranking moment • Should the ranking be done on today’s closing volume and the basket opened at next day’s open (typical implementation), or both ranking and execution at the same close? 3. Weighting & rebalancing • Default is equal-weight across the 500 names each day; is that OK? 4. Price series • I’ll default to split-adjusted daily close prices unless you prefer open prices for execution/exit. 5. Risk control • No stop-loss or take-profit rules will be applied unless you specify otherwise. Once I have these points confirmed I’ll generate the data-retrieval plan and run the back-test.