Notable companies
The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Unitedhealth Group (NYSE:UNH), Salesforce (NYSE:CRM), Elevance Health (NYSE:ELV), Arista Networks (NYSE:ANET), Autodesk (NASDAQ:ADSK).
Industry description
The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Information Technology and Health Care sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.
Market Cap
The average market capitalization across the ICON Health and Information Tech Instl MF is 187.77B. The market cap for tickers in the group ranges from 2.28B to 778.65B. TSM holds the highest valuation in this group at 778.65B. The lowest valued company is RAMP at 2.28B.
Volume
The average weekly volume growth across all stocks in the ICON Health and Information Tech Instl MF was -32%. For the same stocks of the MF, the average monthly volume growth was -12% and the average quarterly volume growth was -4%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 63
P/E Growth Rating: 45
Price Growth Rating: 42
SMR Rating: 52
Profit Risk Rating: 27
Seasonality Score: -3 (-100 ... +100)