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), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), Walmart (NYSE:WMT), VISA (NYSE:V).
Industry description
The investment seeks long-term growth of capital.
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of U.S. companies with very large ("mega") market capitalizations at the time of purchase. For this fund, companies with mega capitalizations are those with market capitalizations in the top 50th percentile of the S&P 500 Index at the time of purchase. The fund is non-diversified.
Market Cap
The average market capitalization across the Principal US Mega-Cap ETF ETF is 642.46B. The market cap for tickers in the group ranges from 21.61B to 3.59T. NVDA holds the highest valuation in this group at 3.59T. The lowest valued company is VLTO at 21.61B.
High and low price notable news
The average weekly price growth across all stocks in the Principal US Mega-Cap ETF ETF was 1%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 14%. TSLA experienced the highest price growth at 9%, while AMZN experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the Principal US Mega-Cap ETF ETF was 16%. For the same stocks of the ETF, the average monthly volume growth was 49% and the average quarterly volume growth was 22%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 61
P/E Growth Rating: 50
Price Growth Rating: 39
SMR Rating: 37
Profit Risk Rating: 29
Seasonality Score: 29 (-100 ... +100)