Industry description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the ICE Exchange-Listed Fixed & Adjustable Rate Preferred Securities Index.
In seeking to track the performance of the index, the adviser employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, senior and subordinated debt.
Market Cap
The average market capitalization across the SPDR® ICE Preferred Securities ETF ETF is 218.88K. The market cap for tickers in the group ranges from 218.88K to 218.88K. ESGRP holds the highest valuation in this group at 218.88K. The lowest valued company is ESGRP at 218.88K.
High and low price notable news
The average weekly price growth across all stocks in the SPDR® ICE Preferred Securities ETF ETF was -0%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 15%. ELC experienced the highest price growth at 1%, while PFH experienced the biggest fall at -2%.
Volume
The average weekly volume growth across all stocks in the SPDR® ICE Preferred Securities ETF ETF was 86%. For the same stocks of the ETF, the average monthly volume growth was 30% and the average quarterly volume growth was -5%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 9
P/E Growth Rating: 100
Price Growth Rating: 47
SMR Rating: 94
Profit Risk Rating: 89
Seasonality Score: 50 (-100 ... +100)