Notable companies
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), VISA (NYSE:V), Mastercard (NYSE:MA), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Citigroup (NYSE:C), PayPal Holdings (NASDAQ:PYPL).
Industry description
The investment seeks capital appreciation.
The fund invests primarily in companies whose securities are listed on U.S. national securities exchanges, including through American Depositary Receipts (“ADRs”), which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. It invests at least 80% of its net assets in securities of large-cap companies principally engaged in the business of providing financial services, including information technology companies that are primarily engaged in providing products or services to financial services companies. The fund is non-diversified.
Market Cap
The average market capitalization across the Hennessy Large Cap Financial Instl MF is 305.56B. The market cap for tickers in the group ranges from 22.5B to 827.87B. JPM holds the highest valuation in this group at 827.87B. The lowest valued company is CFG at 22.5B.
Volume
The average weekly volume growth across all stocks in the Hennessy Large Cap Financial Instl MF was 1%. For the same stocks of the MF, the average monthly volume growth was -28% and the average quarterly volume growth was -47%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 86
P/E Growth Rating: 100
Price Growth Rating: 32
SMR Rating: 100
Profit Risk Rating: 37
Seasonality Score: -41 (-100 ... +100)