Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Walmart (NYSE:WMT), Exxon Mobil Corp (NYSE:XOM), Unitedhealth Group (NYSE:UNH), Costco Wholesale Corp (NASDAQ:COST).
Industry description
The investment seeks to provide capital appreciation.
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in mega capitalization equity securities. The Sub-Adviser considers mega capitalization companies to be the largest 10% of stocks included in the Russell 3000 Index by market capitalization. The equity securities in which it invests are mainly common stocks. The fund is non-diversified.
Market Cap
The average market capitalization across the ETC 6 Meridian Mega Cap Equity ETF ETF is 463.95B. The market cap for tickers in the group ranges from 41.01B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is DOW at 41.01B.
High and low price notable news
The average weekly price growth across all stocks in the ETC 6 Meridian Mega Cap Equity ETF ETF was -1%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was 11%. SCHW experienced the highest price growth at 9%, while ABBV experienced the biggest fall at -17%.
Volume
The average weekly volume growth across all stocks in the ETC 6 Meridian Mega Cap Equity ETF ETF was 40%. For the same stocks of the ETF, the average monthly volume growth was 36% and the average quarterly volume growth was 12%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 54
P/E Growth Rating: 49
Price Growth Rating: 38
SMR Rating: 39
Profit Risk Rating: 32
Seasonality Score: 28 (-100 ... +100)