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), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), Walmart (NYSE:WMT), JPMorgan Chase & Co (NYSE:JPM), Costco Wholesale Corp (NASDAQ:COST).
Industry description
The investment seeks to track the investment results (before fees and expenses) of the S&P 500 Momentum Index.
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of approximately 100 stocks in the S&P 500® Index that have the highest "momentum score." In general, momentum is the tendency of an investment to exhibit persistence in its relative performance; a "momentum style" of investing emphasizes investing in securities that have had better recent performance compared to other securities. It is non-diversified.
Market Cap
The average market capitalization across the Invesco S&P 500® Momentum ETF ETF is 233.99B. The market cap for tickers in the group ranges from 14.01B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is PNR at 14.01B.
High and low price notable news
The average weekly price growth across all stocks in the Invesco S&P 500® Momentum ETF ETF was -3%. For the same ETF, the average monthly price growth was 0%, and the average quarterly price growth was 16%. SYK experienced the highest price growth at 4%, while AMGN experienced the biggest fall at -13%.
Volume
The average weekly volume growth across all stocks in the Invesco S&P 500® Momentum ETF ETF was 29%. For the same stocks of the ETF, the average monthly volume growth was 25% and the average quarterly volume growth was -1%
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: 50
Price Growth Rating: 34
SMR Rating: 41
Profit Risk Rating: 18
Seasonality Score: 19 (-100 ... +100)