GMXIX Nationwide Mid Cap Market Idx R6 Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Pure Storage (NYSE:PSTG).

The investment seeks to match the performance of the Standard & Poor's MidCap 400® Index ("S&P MidCap 400 Index") as closely as possible before the deduction of fund expenses. The fund normally invests at least 80% of its net assets in securities of companies included in the S&P MidCap 400® Index. The S&P MidCap 400® Index includes equity securities of approximately 400 mid-cap U.S. companies in a wide range of businesses. The adviser employs a "passive" management, or indexing, approach, which seeks to match approximately the performance of the S&P MidCap 400® Index before the deduction of fund expenses.

The average market capitalization across the Nationwide Mid Cap Market Idx R6 MF is 17.51B. The market cap for tickers in the group ranges from 8.33B to 26.9B. PSTG holds the highest valuation in this group at 26.9B. The lowest valued company is SAIA at 8.33B.

The average weekly volume growth across all stocks in the Nationwide Mid Cap Market Idx R6 MF was 45%. For the same stocks of the MF, the average monthly volume growth was 24% and the average quarterly volume growth was -32%