ICTVX ICON Utilities and Income Inv Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Nextera Energy Inc (NYSE:NEE).

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 Utilities 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 Utilities and Income Inv MF is 39.39B. The market cap for tickers in the group ranges from 3.43B to 147.24B. NEE holds the highest valuation in this group at 147.24B. The lowest valued company is ALE at 3.43B.

The average weekly volume growth across all stocks in the ICON Utilities and Income Inv MF was 21%. For the same stocks of the MF, the average monthly volume growth was -35% and the average quarterly volume growth was -10%