Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), NVIDIA Corp (NASDAQ:NVDA), Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), VISA (NYSE:V), Oracle Corp (NYSE:ORCL), Merck & Co (NYSE:MRK).
Industry description
The investment seeks to provide capital appreciation.
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation. The fund’s investments will be concentrated in the information technology sector, and therefore, may be concentrated in one or more industries within the information technology sector. The fund is non-diversified.
Market Cap
The average market capitalization across the First Trust Innovation Leaders ETF ETF is 199.37B. The market cap for tickers in the group ranges from 230.94M to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is RGTI at 230.94M.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Innovation Leaders ETF ETF was 30%. For the same ETF, the average monthly price growth was 12%, and the average quarterly price growth was 657%. PI experienced the highest price growth at 17%, while SG experienced the biggest fall at -7%.
Volume
The average weekly volume growth across all stocks in the First Trust Innovation Leaders ETF ETF was -3%. For the same stocks of the ETF, the average monthly volume growth was -3% and the average quarterly volume growth was 42%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 67
P/E Growth Rating: 66
Price Growth Rating: 63
SMR Rating: 62
Profit Risk Rating: 61
Seasonality Score: -26 (-100 ... +100)