Notable companies
The most notable companies in this group are Intuitive Surgical (NASDAQ:ISRG), IQVIA Holdings (NYSE:IQV), Align Technology (NASDAQ:ALGN), Illumina (NASDAQ:ILMN), Exact Sciences Corp (NASDAQ:EXAS), Teladoc Health (NYSE:TDOC), Guardant Health (NASDAQ:GH), Adaptive Biotechnologies Corp (NASDAQ:ADPT).
Industry description
The investment seeks results that correspond generally to the price and yield of an equity index called the Nasdaq Lux Health Tech Index TM (the “index”).
The fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks and depositary receipts that comprise the index. The index is designed to measure the performance of a selection of companies that are primarily engaged in and involved at the intersection of healthcare and technology, as classified by Lux Capital based on analysis of the products and services offered by those companies. The fund is non-diversified.
Market Cap
The average market capitalization across the First Trust Nasdaq Lux Dgtl Hlth SoluETF ETF is 11.39B. The market cap for tickers in the group ranges from 564.05M to 141.46B. ISRG holds the highest valuation in this group at 141.46B. The lowest valued company is NNOX at 564.05M.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Nasdaq Lux Dgtl Hlth SoluETF ETF was -2%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 4%. OSCR experienced the highest price growth at 10%, while PACB experienced the biggest fall at -31%.
Volume
The average weekly volume growth across all stocks in the First Trust Nasdaq Lux Dgtl Hlth SoluETF ETF was 15%. For the same stocks of the ETF, the average monthly volume growth was 110% and the average quarterly volume growth was 114%
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: 79
Price Growth Rating: 56
SMR Rating: 80
Profit Risk Rating: 81
Seasonality Score: 30 (-100 ... +100)