Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Advanced Micro Devices (NASDAQ:AMD), International Business Machines Corp (NYSE:IBM), Texas Instruments (NASDAQ:TXN).
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 StrataQuant® Technology Index.
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
Market Cap
The average market capitalization across the First Trust Technology AlphaDEX® ETF ETF is 154.03B. The market cap for tickers in the group ranges from 2.48B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is CNXC at 2.48B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Technology AlphaDEX® ETF ETF was -4%. For the same ETF, the average monthly price growth was 3%, and the average quarterly price growth was 8%. PLTR experienced the highest price growth at 13%, while MPWR experienced the biggest fall at -25%.
Volume
The average weekly volume growth across all stocks in the First Trust Technology AlphaDEX® ETF ETF was 16%. For the same stocks of the ETF, the average monthly volume growth was 32% and the average quarterly volume growth was 16%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 56
P/E Growth Rating: 68
Price Growth Rating: 47
SMR Rating: 57
Profit Risk Rating: 49
Seasonality Score: 39 (-100 ... +100)