Notable companies
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Citigroup (NYSE:C), US Bancorp (NYSE:USB), PNC Financial Services Group (NYSE:PNC), Huntington Bancshares (NASDAQ:HBAN), Regions Financial Corp (NYSE:RF), KeyCorp (NYSE:KEY).
Industry description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq US Smart Banks TM Index.
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and ranking. The fund is non-diversified.
Market Cap
The average market capitalization across the First Trust Nasdaq Bank ETF ETF is 40.6B. The market cap for tickers in the group ranges from 2.56B to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is NYCB at 2.56B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Nasdaq Bank ETF ETF was 1%. For the same ETF, the average monthly price growth was 12%, and the average quarterly price growth was 29%. FCNCA experienced the highest price growth at 8%, while ONB experienced the biggest fall at -3%.
Volume
The average weekly volume growth across all stocks in the First Trust Nasdaq Bank ETF ETF was -21%. For the same stocks of the ETF, the average monthly volume growth was -23% and the average quarterly volume growth was 26%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 77
P/E Growth Rating: 17
Price Growth Rating: 29
SMR Rating: 8
Profit Risk Rating: 37
Seasonality Score: 36 (-100 ... +100)