Notable companies
The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Walmart (NYSE:WMT), JPMorgan Chase & Co (NYSE:JPM), Unitedhealth Group (NYSE:UNH), Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), Home Depot (NYSE:HD), Merck & Co (NYSE:MRK), ABBVIE (NYSE:ABBV), Coca-Cola Company (NYSE:KO).
Industry description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Value Line® Dividend Index.
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of the securities ranked #1 or #2 according to the index provider's proprietary Value Line® Safety™ Ranking System (the "Safety Ranking System") that are also still expected to provide above-average dividend yield.
Market Cap
The average market capitalization across the First Trust Value Line® Dividend ETF ETF is 85.03B. The market cap for tickers in the group ranges from 1.4B to 825.96B. TSM holds the highest valuation in this group at 825.96B. The lowest valued company is NWN at 1.4B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Value Line® Dividend ETF ETF was 6%. For the same ETF, the average monthly price growth was 25%, and the average quarterly price growth was 54%. MGEE experienced the highest price growth at 9%, while ABBV experienced the biggest fall at -15%.
Volume
The average weekly volume growth across all stocks in the First Trust Value Line® Dividend ETF ETF was -11%. For the same stocks of the ETF, the average monthly volume growth was 2% and the average quarterly volume growth was 8%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 47
P/E Growth Rating: 51
Price Growth Rating: 43
SMR Rating: 52
Profit Risk Rating: 43
Seasonality Score: 33 (-100 ... +100)