Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), VISA (NYSE:V), Tesla (NASDAQ:TSLA), Oracle Corp (NYSE:ORCL), Netflix (NASDAQ:NFLX).
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 268.36B. The market cap for tickers in the group ranges from 648.84M to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is FLGT at 648.84M.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Innovation Leaders ETF ETF was -3%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 14%. SHOP experienced the highest price growth at 25%, while HALO experienced the biggest fall at -25%.
Volume
The average weekly volume growth across all stocks in the First Trust Innovation Leaders ETF ETF was 13%. For the same stocks of the ETF, the average monthly volume growth was 49% and the average quarterly volume growth was 31%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 71
P/E Growth Rating: 68
Price Growth Rating: 45
SMR Rating: 64
Profit Risk Rating: 47
Seasonality Score: 24 (-100 ... +100)