Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom Inc. (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), Cisco Systems (NASDAQ:CSCO), International Business Machines Corp (NYSE:IBM), QUALCOMM (NASDAQ:QCOM), Verizon Communications (NYSE:VZ), AT&T (NYSE:T).
Industry description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Indxx 5G & NextG Thematic Index.
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to track the performance of companies that have devoted, or have committed to devote, material resources to the research, development and application of fifth generation ("5G") and next generation digital cellular technologies as they emerge.
Market Cap
The average market capitalization across the First Trust IndXX NextG ETF ETF is 223.09B. The market cap for tickers in the group ranges from 15.5M to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is SPK at 15.5M.
High and low price notable news
The average weekly price growth across all stocks in the First Trust IndXX NextG ETF ETF was -4%. For the same ETF, the average monthly price growth was -5%, and the average quarterly price growth was 6%. VZ experienced the highest price growth at 3%, while TLS experienced the biggest fall at -29%.
Volume
The average weekly volume growth across all stocks in the First Trust IndXX NextG ETF ETF was 21%. For the same stocks of the ETF, the average monthly volume growth was 8% and the average quarterly volume growth was -0%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 45
P/E Growth Rating: 41
Price Growth Rating: 46
SMR Rating: 61
Profit Risk Rating: 51
Seasonality Score: 37 (-100 ... +100)