IDAT stock forecast, quote, news & analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Broadcom Inc. (NASDAQ:AVGO), QUALCOMM (NASDAQ:QCOM), Micron Technology (NASDAQ:MU), Intel Corp (NASDAQ:INTC), Arista Networks Inc (NYSE:ANET), American Tower Corp (NYSE:AMT), Marvell Technology (NASDAQ:MRVL), NXP Semiconductors NV (NASDAQ:NXPI), Datadog (NASDAQ:DDOG).

The investment seeks to track the investment results of the Morningstar® Global Digital Infrastructure & Connectivity IndexSM composed of companies from developed and emerging markets that could benefit from providing products, services, and technologies related to cloud computing and 5G. The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.

The average market capitalization across the iShares Future Cloud 5G and Tech ETF ETF is 129.67B. The market cap for tickers in the group ranges from 2.02B to 2.69T. NVDA holds the highest valuation in this group at 2.69T. The lowest valued company is DIOD at 2.02B.

The average weekly price growth across all stocks in the iShares Future Cloud 5G and Tech ETF ETF was 7%. For the same ETF, the average monthly price growth was 16%, and the average quarterly price growth was 32%. AMT experienced the highest price growth at 4%, while SITM experienced the biggest fall at -11%.

The average weekly volume growth across all stocks in the iShares Future Cloud 5G and Tech ETF ETF was -27%. For the same stocks of the ETF, the average monthly volume growth was -50% and the average quarterly volume growth was -8%