Industry description
The investment seeks to track the investment results (before fees and expenses) of the ICE BofA Core Plus Fixed Rate Preferred Securities Index.
The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate U.S. dollar-denominated preferred securities market.
Market Cap
The average market capitalization across the Invesco Preferred ETF ETF is 1.95B. The market cap for tickers in the group ranges from 22.65 to 218.88K. ESGRP holds the highest valuation in this group at 218.88K. The lowest valued company is VLYPP at 22.65.
High and low price notable news
The average weekly price growth across all stocks in the Invesco Preferred ETF ETF was -2%. For the same ETF, the average monthly price growth was -3%, and the average quarterly price growth was 7%. CTBB experienced the highest price growth at 1%, while PFH experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the Invesco Preferred ETF ETF was 14%. For the same stocks of the ETF, the average monthly volume growth was -8% and the average quarterly volume growth was -17%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 7
P/E Growth Rating: 99
Price Growth Rating: 47
SMR Rating: 94
Profit Risk Rating: 91
Seasonality Score: 3 (-100 ... +100)