ICTEX ICON Health and Information Tech Instl Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Unitedhealth Group (NYSE:UNH), Arista Networks Inc (NYSE:ANET), Salesforce (NYSE:CRM), Elevance Health (NYSE:ELV), Autodesk (NASDAQ:ADSK).

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.

The average market capitalization across the ICON Health and Information Tech Instl MF is 297.63B. The market cap for tickers in the group ranges from 2.3B to 1.94T. TSM holds the highest valuation in this group at 1.94T. The lowest valued company is RAMP at 2.3B.

The average weekly volume growth across all stocks in the ICON Health and Information Tech Instl MF was 10%. For the same stocks of the MF, the average monthly volume growth was -26% and the average quarterly volume growth was -25%