Notable companies
The most notable companies in this group are Pure Storage (NYSE:PSTG).
Industry description
The investment seeks to match the performance of the Standard & Poor's MidCap 400® Index ("S&P MidCap 400 Index") as closely as possible before the deduction of fund expenses.
The fund normally invests at least 80% of its net assets in securities of companies included in the S&P MidCap 400® Index. The S&P MidCap 400® Index includes equity securities of approximately 400 mid-cap U.S. companies in a wide range of businesses. The adviser employs a "passive" management, or indexing, approach, which seeks to match approximately the performance of the S&P MidCap 400® Index before the deduction of fund expenses.
Market Cap
The average market capitalization across the Nationwide Mid Cap Market Idx Instl Svc MF is 21.55B. The market cap for tickers in the group ranges from 8.82B to 59.14B. SMCI holds the highest valuation in this group at 59.14B. The lowest valued company is SAIA at 8.82B.
Volume
The average weekly volume growth across all stocks in the Nationwide Mid Cap Market Idx Instl Svc MF was 40%. For the same stocks of the MF, the average monthly volume growth was -27% and the average quarterly volume growth was 50%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 73
P/E Growth Rating: 67
Price Growth Rating: 72
SMR Rating: 35
Profit Risk Rating: 34
Seasonality Score: 4 (-100 ... +100)