Notable companies
The most notable companies in this group are Lockheed Martin Corp (NYSE:LMT), Boeing Company (NYSE:BA), Northrop Grumman Corp (NYSE:NOC), Spirit Aerosystems Holdings (NYSE:SPR), Virgin Galactic Holdings (NYSE:SPCE).
Industry description
The investment seeks investment results that correspond generally to the price and yield of an equity index called the Indxx US Aerospace & Defense Index.
The fund will invest at least 80% of its net assets in the common stocks that comprise the index. The index is a rules-based index, however, the index Provider reserves the right to use qualitative judgment to include, exclude, adjust, or postpone the inclusion of a stock in the index which is the ordinary course discretion that the index Provider has to modify which securities qualify for inclusion in the index in accordance with the rules of its selection methodology. It is non-diversified.
Market Cap
The average market capitalization across the First Trust Indxx Aerspc & Defns ETF ETF is 28.76B. The market cap for tickers in the group ranges from 194.04M to 158.59B. RTX holds the highest valuation in this group at 158.59B. The lowest valued company is SPCE at 194.04M.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Indxx Aerspc & Defns ETF ETF was 29%. For the same ETF, the average monthly price growth was 101%, and the average quarterly price growth was 433%. RKLB experienced the highest price growth at 7%, while KBR experienced the biggest fall at -17%.
Volume
The average weekly volume growth across all stocks in the First Trust Indxx Aerspc & Defns ETF ETF was -67%. For the same stocks of the ETF, the average monthly volume growth was 13% and the average quarterly volume growth was 61%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 53
P/E Growth Rating: 51
Price Growth Rating: 51
SMR Rating: 65
Profit Risk Rating: 52
Seasonality Score: 18 (-100 ... +100)