BILPX BlackRock Event Driven Equity Instl Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), Pioneer Natural Resource Co (null:PXD), Hess Corp (NYSE:HES), Splunk (NASDAQ:SPLK).

The investment seeks long-term capital growth. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and related derivative instruments with similar economic characteristics. The manager seeks to achieve its investment objective by employing an event driven strategy, primarily investing in companies that have announced a material change or in companies that BlackRock expects to undergo a material change.

The average market capitalization across the BlackRock Event Driven Equity Instl MF is 217.76B. The market cap for tickers in the group ranges from 12.6B to 461.22B. XOM holds the highest valuation in this group at 461.22B. The lowest valued company is KRTX at 12.6B.

The average weekly volume growth across all stocks in the BlackRock Event Driven Equity Instl MF was 40%. For the same stocks of the MF, the average monthly volume growth was 134% and the average quarterly volume growth was -16%