Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Advanced Micro Devices (NASDAQ:AMD).
Industry description
The investment seeks total return through growth of capital and current income.
The fund invests, under normal circumstances, all, or substantially all, of its assets in common stocks represented in the S&P 500® Equal Weight Index, and in derivatives and other instruments that have economic characteristics similar to such securities. The index is an equal-weighted version of the S&P 500® Index, which measures the performance of equity securities of larger U.S. companies. The fund can invest in derivative instruments including futures contracts.
Market Cap
The average market capitalization across the Invesco Equally-Wtd S&P 500 R MF is 1.01T. The market cap for tickers in the group ranges from 10.19B to 3.59T. NVDA holds the highest valuation in this group at 3.59T. The lowest valued company is CTLT at 10.19B.
Volume
The average weekly volume growth across all stocks in the Invesco Equally-Wtd S&P 500 R MF was 77%. For the same stocks of the MF, the average monthly volume growth was 61% and the average quarterly volume growth was -10%
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: 57
Price Growth Rating: 31
SMR Rating: 49
Profit Risk Rating: 34
Seasonality Score: 40 (-100 ... +100)