UTPSX ProFunds Utilities UltraSector Svc Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO).

The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P Utilities Select Sector Index. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by S&P Dow Jones Indices LLC. The index represents the utilities sector of the S&P 500 Index (“S&P 500”). The fund is non-diversified.

The average market capitalization across the ProFunds Utilities UltraSector Svc MF is 118.09B. The market cap for tickers in the group ranges from 45.44B to 187.25B. NEE holds the highest valuation in this group at 187.25B. The lowest valued company is SRE at 45.44B.

The average weekly volume growth across all stocks in the ProFunds Utilities UltraSector Svc MF was -7%. For the same stocks of the MF, the average monthly volume growth was -38% and the average quarterly volume growth was -23%