Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Exxon Mobil Corp (NYSE:XOM), Johnson & Johnson (NYSE:JNJ), Merck & Co (NYSE:MRK), Coca-Cola Company (NYSE:KO), QUALCOMM (NASDAQ:QCOM), Intuitive Surgical (NASDAQ:ISRG), United Parcel Service (NYSE:UPS).
Industry description
The investment seeks investment results that generally correlate to the total return performance of the AI Powered Equity Index.
The fund uses a “passive” or indexing approach to try to achieve the fund’s investment objective. The index invests primarily in equity securities listed on the iShares Core S&P Total U.S. Stock Market ETF based on the results of a proprietary, quantitative model developed by EquBot Inc. (the “index provider”) that runs on the IBM Watson™ platform. EquBot is a technology-based company focused on applying artificial intelligence based solutions to investment analyses.
Market Cap
The average market capitalization across the Amplify AI Powered Equity ETF ETF is 81.71B. The market cap for tickers in the group ranges from 3.26B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is SLAB at 3.26B.
High and low price notable news
The average weekly price growth across all stocks in the Amplify AI Powered Equity ETF ETF was -2%. For the same ETF, the average monthly price growth was 4%, and the average quarterly price growth was 12%. SQ experienced the highest price growth at 13%, while DOCS experienced the biggest fall at -15%.
Volume
The average weekly volume growth across all stocks in the Amplify AI Powered Equity ETF ETF was 1%. For the same stocks of the ETF, the average monthly volume growth was 24% and the average quarterly volume growth was 5%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 65
P/E Growth Rating: 57
Price Growth Rating: 43
SMR Rating: 52
Profit Risk Rating: 36
Seasonality Score: 21 (-100 ... +100)