HILFX Hennessy Large Cap Financial Instl Forecast, Technical & Fundamental Analysis

The most notable companies in this group are VISA (NYSE:V), JPMorgan Chase & Co (NYSE:JPM), Mastercard (NYSE:MA), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Citigroup (NYSE:C), PayPal Holdings (NASDAQ:PYPL).

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.

The average market capitalization across the Hennessy Large Cap Financial Instl MF is 239.38B. The market cap for tickers in the group ranges from 16.64B to 573.25B. V holds the highest valuation in this group at 573.25B. The lowest valued company is CFG at 16.64B.

The average weekly volume growth across all stocks in the Hennessy Large Cap Financial Instl MF was 5%. For the same stocks of the MF, the average monthly volume growth was -4% and the average quarterly volume growth was 39%