NWJCX Nationwide NYSE Arca Tech 100 Idx A Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Broadcom Inc. (NASDAQ:AVGO), Meta Platforms (NASDAQ:META), Lam Research Corp (NASDAQ:LRCX), Intuit (NASDAQ:INTU), KLA Corp (NASDAQ:KLAC), Adobe (NASDAQ:ADBE).

The investment seeks to track the total return of the NYSE Arca Tech 100SM Index before deducting for fund expenses. The fund, under normal market conditions, invests substantially all (at least 90%) of its net assets in nearly all of the component equity securities included in the NYSE Arca Tech 100 Index in approximately the same proportions as they are represented in the NYSE Arca Tech 100 Index. The NYSE Arca Tech 100 Index, which consists of at least 100 individual technology-related securities, is a price-weighted index of stocks of companies from different industries that produce or deploy innovative technologies to conduct their business.

The average market capitalization across the Nationwide NYSE Arca Tech 100 Idx A MF is 919.6B. The market cap for tickers in the group ranges from 76.1B to 4.38T. NVDA holds the highest valuation in this group at 4.38T. The lowest valued company is SNPS at 76.1B.

The average weekly volume growth across all stocks in the Nationwide NYSE Arca Tech 100 Idx A MF was -23%. For the same stocks of the MF, the average monthly volume growth was 17% and the average quarterly volume growth was -40%