Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Netflix (NASDAQ:NFLX), Arista Networks Inc (NYSE:ANET), Palo Alto Networks Inc (NASDAQ:PANW), Micron Technology (NASDAQ:MU), CrowdStrike Holdings (NASDAQ:CRWD), Workday (NASDAQ:WDAY), Spotify Technology SA (NYSE:SPOT), Atlassian Corp (NASDAQ:TEAM).
Industry description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index.
The index is designed to represent the performance of U.S.-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index.
Market Cap
The average market capitalization across the SPDR® FactSet Innovative Technology ETF ETF is 43.03B. The market cap for tickers in the group ranges from 475.95M to 2.62T. NVDA holds the highest valuation in this group at 2.62T. The lowest valued company is SEZL at 475.95M.
High and low price notable news
The average weekly price growth across all stocks in the SPDR® FactSet Innovative Technology ETF ETF was -3%. For the same ETF, the average monthly price growth was -8%, and the average quarterly price growth was -6%. SEZL experienced the highest price growth at 13%, while HSAI experienced the biggest fall at -25%.
Volume
The average weekly volume growth across all stocks in the SPDR® FactSet Innovative Technology ETF ETF was 7%. For the same stocks of the ETF, the average monthly volume growth was -1% and the average quarterly volume growth was 89%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 64
P/E Growth Rating: 72
Price Growth Rating: 60
SMR Rating: 70
Profit Risk Rating: 76
Seasonality Score: -25 (-100 ... +100)