Notable companies
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Morgan Stanley (NYSE:MS), Goldman Sachs Group (NYSE:GS), Citigroup (NYSE:C), US Bancorp (NYSE:USB), PNC Financial Services Group (NYSE:PNC), Capital One Financial (NYSE:COF), Bank of New York Mellon Corp (NYSE:BK).
Industry description
The investment seeks to track the investment results of the KBW Nasdaq BankTM Index.
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is a modified-market capitalization-weighted index of companies primarily engaged in U.S. banking activities, as determined by the index provider. The underlying index is designed to track the performance of large national U.S. money centers, regional banks, and thrift institutions that are publicly traded in the U.S. The fund is non-diversified.
Market Cap
The average market capitalization across the Invesco KBW Bank ETF ETF is 82.14B. The market cap for tickers in the group ranges from 6.41B to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is ZION at 6.41B.
High and low price notable news
The average weekly price growth across all stocks in the Invesco KBW Bank ETF ETF was 2%. For the same ETF, the average monthly price growth was 10%, and the average quarterly price growth was 27%. WFC experienced the highest price growth at 6%, while USB experienced the biggest fall at -1%.
Volume
The average weekly volume growth across all stocks in the Invesco KBW Bank ETF ETF was 4%. For the same stocks of the ETF, the average monthly volume growth was -20% and the average quarterly volume growth was 48%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 74
P/E Growth Rating: 20
Price Growth Rating: 13
SMR Rating: 5
Profit Risk Rating: 41
Seasonality Score: 56 (-100 ... +100)