Latest news with #IWP
Yahoo
23-05-2025
- Business
- Yahoo
Should iShares Russell Mid-Cap Growth ETF (IWP) Be on Your Investing Radar?
Designed to provide broad exposure to the Mid Cap Growth segment of the US equity market, the iShares Russell Mid-Cap Growth ETF (IWP) is a passively managed exchange traded fund launched on 07/17/2001. The fund is sponsored by Blackrock. It has amassed assets over $18.27 billion, making it the largest ETFs attempting to match the Mid Cap Growth segment of the US equity market. Compared to large and small cap companies, mid cap businesses tend to have higher growth prospects and are less volatile, respectively, with market capitalization between $2 billion and $10 billion. These types of companies, then, have a good balance of stability and growth potential. Qualities of growth stocks include faster growth rates compared to the broader market, as well as higher valuations and higher than average sales and earnings growth rates. Also, growth stocks are a type of equity that carries more risk compared to others. Even though growth stocks are more likely to outperform their value counterparts in strong bull markets, value stocks have a record of delivering better returns in almost all markets than growth stocks. Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.23%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.37%. ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 29.20% of the portfolio. Industrials and Consumer Discretionary round out the top three. Looking at individual holdings, Palantir Technologies Inc Class A (PLTR) accounts for about 7.64% of total assets, followed by Applovin Corp Class A (APP) and Cencora Inc (COR). The top 10 holdings account for about 22.21% of total assets under management. IWP seeks to match the performance of the Russell MidCap Growth Index before fees and expenses. The Russell Midcap Growth Index measures the performance of the mid-capitalization growth sector of the U.S. equity market. It is a subset of the Russell Midcap Index, which measures the performance of the mid-capitalization sector of the U.S. equity market & approximately 47% of the total market value of the Russell Midcap Index. The ETF has added about 3.30% so far this year and was up about 17.85% in the last one year (as of 05/23/2025). In the past 52-week period, it has traded between $103.87 and $139.60. The ETF has a beta of 1.14 and standard deviation of 22.38% for the trailing three-year period, making it a medium risk choice in the space. With about 291 holdings, it effectively diversifies company-specific risk. IShares Russell Mid-Cap Growth ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, IWP is an outstanding option for investors seeking exposure to the Style Box - Mid Cap Growth segment of the market. There are other additional ETFs in the space that investors could consider as well. The iShares S&P Mid-Cap 400 Growth ETF (IJK) and the Vanguard Mid-Cap Growth ETF (VOT) track a similar index. While iShares S&P Mid-Cap 400 Growth ETF has $8.57 billion in assets, Vanguard Mid-Cap Growth ETF has $15.95 billion. IJK has an expense ratio of 0.17% and VOT charges 0.07%. An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares Russell Mid-Cap Growth ETF (IWP): ETF Research Reports Cencora, Inc. (COR) : Free Stock Analysis Report AppLovin Corporation (APP) : Free Stock Analysis Report Vanguard Mid-Cap Growth ETF (VOT): ETF Research Reports iShares S&P Mid-Cap 400 Growth ETF (IJK): ETF Research Reports Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Time of India
04-05-2025
- Business
- Time of India
This Avtar helps women play multiple roles
Can a job interview trigger an entrepreneurial journey ? Ask Dr Saundarya Rajesh , founder-president, . About 25 years ago, Saundarya attended a interview for a leading telecom firm. Tired of too many ads? go ad free now "The interviewer (GM marketing) told me the ideal candidate should be able to put in long hours, de-prioritize the home, and should not have had any breaks in resume," she remembers. "They preferred career-primary men. The interviewer offered me the job, but made it look like a favour, and the salary was below what my experience merited." It was "the breaking point". Saundarya was keen on rejoining after a child-rearing break. "When I was ready, I realized workplaces were not built for women, much less the Indian woman professional (IWP)," she says. "Firms offered little or no flexibility or empathy. Remote work was unheard of. Career breaks were seen as the end of the road." Avtar, an HR services firm focussed on enabling IWPs re-enter the corporate world, was "born out of my struggle to find a suitable role post motherhood," she says. The telecom stint highlighted this was a much larger issue, and a silent one. "Thousands like me quit because workplaces weren't supportive. I decided to change this, and that's how Avtar was born in 2000," she says. Today, Avtar helps organizations focus on talent strategies to make workplaces more inclusive. Saundarya's C-Suite journey has been about understanding the "unique" career path that the IWP follows. "Her need to take on many 'avatars' is far more accentuated," she explains. Tired of too many ads? go ad free now "We are referring to her ability to hold multiple personas at the same time. Is this strenuous? Of course. Does this create a lot of interpersonal conflict? For sure. And I learnt this by experiencing it firsthand." Her interest in bringing about this revolution is partly rooted in story-telling of her girlhood days in a large joint family in Puducherry. "My dad would gather all the children around and tell us stories from the Mahabharata, Ramayana and Puranas. I would retell the stories with plot twists to turn wronged characters into empowered heroes." Championing the underdog was at the heart of the journey. "When I needed an ally who could create systemic changes, I harkened back to the time when my story had a different, happy ending," she says. Given how many portfolios she has juggled – from a stint in Citibank to creating content for Doordarshan and AIR, and even teaching in a college – the company name sits right with her. Today she balances her work as a CEO with meeting deadlines as a published author. She has seen her contributions change dramatically in the last 25 years. Initially, Avtar was "like a startup, and together with my small team, I handled it all," she remembers. But now, with a 100-plus team, her job has evolved. "My focus has shifted to strategy, supervision and subject-matter expertise," she says. However, her leadership style has remained the same – one of assertive empathy. Experience has guided her to better "anticipate change" and "set boundaries. I now have the confidence to say no." As a CEO in Tamil Nadu, which has the highest number of working women and the highest number of women entrepreneurs in India, she has a perspective of what needs to be done. She says. "The companies must create a supportive work culture where women can thrive, while the govt could provide tax incentives/grants to enterprises that prioritize gender inclusivity."
Trade Arabia
07-04-2025
- Business
- Trade Arabia
SWPC kicks off ops at Shuaibah 3 project ahead of schedule
Saudi Water Partnership Company (SWPC) has achieved a major milestone with the commencement of full desalinated water pumping at the Shuaibah 3 Conversion Station, 50 days ahead of schedule. The project involves the conversion of existing independent water and power plant (IWPP) project in Shuaibah region of the kingdom into a desalination plant based on the Independent Water Plant (IWP) model. It is the first conversion project from Multi-Stage Flash (MSF) desalination technology to sea water reverse osmosi (SWRO), which in line with the KSA vision 2030 in terms of achieving Zero carbon emissions, fuel saving and increased plant availability. With a production capacity of up to 600,000 cu m per day, the station will feed the water transmission system covering the Jeddah and Makkah regions. The project has been implemented by a consortium led by Saudi utility major Acwa Power (with a 68% equity stake) along with its key member Water and Electricity Holding Company (Badeel). According to SWPC, a new 25-year water purchase agreement (WPA) valued at nearly SAR3 billion had been sealed in 2022 with the Acwa Power-Badeel consortium.
Zawya
13-03-2025
- Business
- Zawya
L&T consortium secures EPC contract for $667mln Ras Mohaisen IWP in Saudi Arabia
A consortium led by India's Larsen & Toubro (L&T) with Spain's Lantania has been awarded the Engineering, Procurement and Construction (EPC) contract for the 300,000 cubic metres per day (m3/day) Ras Mohaisen Independent Water Plant (IWP) project in Saudi Arabia. The scope of the contract, awarded by ACWA Power, includes design, procurement, construction, testing and commissioning of the seawater reverse osmosis desalination plant, according to an L&T press statement. The project will be executed by L&T's Water & Effluent Treatment (WET) Business. The project encompasses intake and outfall facilities, process units, pumping stations, 600,000 m3 potable water storage facility, electrical, automation and instrumentation systems. Additionally, the project includes a solar photovoltaic (PV) plant. The plant will serve as a drinking water source for Makkah Al-Mukarramah and Al-Baha regions, benefiting about one million population. While L&T doesn't disclose specific contract value, the statement categorised the award as 'large,' in the INR 25 billion to INR 50 billion range. ($287 million-$574 million). This is the second desalination order that L&T has received in Saudi Arabia. Zawya Projects had reported in February that a consortium of ACWA Power, Haji Abdullah Alireza & Partners Company and AlKifah Holding signed a 25-year water purchase agreement (WPA) with Saudi Water Partnership Company (SWPC) to build and operate the $667 million desalination project. It said the project is expected to start commercial operations in the first quarter of 2030. (1 US Dollar = 87.05 Indian rupees) (Writing by SA Kader; Editing by Anoop Menon) (
Associated Press
11-03-2025
- Entertainment
- Associated Press
Writers Protest Fed Crackdown On Iowa University Writing Program
IOWA CITY, Iowa, March 10, 2025 (SEND2PRESS NEWSWIRE) — In a letter delivered this week to Darren J. Beattie, a senior official at the US State Department's Bureau of Educational and Cultural Affairs, the acclaimed Todos Santos Writers Workshop (TSWW) decried the bureau's recent cancellation of federal grants to the International Writing Program (IWP) at the University of Iowa. TSWW co-director Rex Weiner said 'Since 1967, over 1,600 writers from more than 160 countries have participated in the University of Iowa's renowned program. At home and abroad, IWP is a unique conduit for the world's literatures, and the administration's attack on this writing program is an attack on writers everywhere.' IWP Director Christopher Merrill, who also serves as TSWW's poetry workshop instructor, said in a UI statement that while the 58-year partnership with the federal government has ended, the university remains dedicated to the program's mission to 'promote mutual understanding through creative writing and literature.' The federal grant to IWP of nearly $1 million 'was roughly equal to what the writing program would have contributed to the U.S. economy next year,' according to the Iowa City Press-Citizen, noting the university's statement that 90% of funds associated with the IWP's federal grants are spent domestically, much of it in Iowa City, a UNESCO City of Literature. TSWW co-director Jeanne McCulloch said, 'As an international creative writing program with workshops in Mexico, France, and online globally, TSWW will continue to work with Christopher Merrill to explore ways to help advance IWP's goals, and support writers around the world.' About the Todos Santos Writers Workshop: Now in its 13th year, the acclaimed Todos Santos Writers Workshop is a creative writing workshop with classes in fiction, memoir, and poetry based in the town of Todos Santos, Baja California Sur, MX, with its annual Todos Paris workshop upcoming May 18 – 24 in Paris, France. Keywords: Education and Schools, Todos Santos Writers Workshop, University of Iowa,US State Department Bureau of Educational and Cultural Affairs, IOWA CITY, Iowa Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P124631 APNF0325A
