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2 days ago
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Should iShares Russell Mid-Cap Value ETF (IWS) Be on Your Investing Radar?
Launched on 07/17/2001, the iShares Russell Mid-Cap Value ETF (IWS) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Value segment of the US equity market. The fund is sponsored by Blackrock. It has amassed assets over $13.13 billion, making it one of the largest ETFs attempting to match the Mid Cap Value segment of the US equity market. Mid cap companies have market capitalization between $2 billion and $10 billion. They usually have higher growth prospects than large cap companies and are less volatile than small cap companies. Thus they have a nice balance of growth potential and stability. While value stocks have lower than average price-to-earnings and price-to-book ratios, they also have lower than average sales and earnings growth rates. When you look at long-term performance, value stocks have outperformed growth stocks in nearly all markets. But in strong bull markets, growth stocks are more likely to be winners. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. 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 1.55%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Financials sector--about 18% of the portfolio. Industrials and Real Estate round out the top three. Looking at individual holdings, Microstrategy Inc Class A (MSTR) accounts for about 1% of total assets, followed by Arthur J Gallagher (AJG) and Williams Inc (WMB). The top 10 holdings account for about 7.37% of total assets under management. IWS seeks to match the performance of the Russell MidCap Value Index before fees and expenses. The Russell Midcap Value Index measures the performance of the mid-capitalization value sector of the U.S. equity market. The ETF has added roughly 0.04% so far this year and it's up approximately 7.98% in the last one year (as of 06/05/2025). In the past 52-week period, it has traded between $110.58 and $140.32. The ETF has a beta of 1 and standard deviation of 18.05% for the trailing three-year period, making it a medium risk choice in the space. With about 716 holdings, it effectively diversifies company-specific risk. IShares Russell Mid-Cap Value 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, IWS is a great option for investors seeking exposure to the Style Box - Mid Cap Value segment of the market. There are other additional ETFs in the space that investors could consider as well. The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) and the Vanguard Mid-Cap Value ETF (VOE) track a similar index. While First Trust SMID Cap Rising Dividend Achievers ETF has $7.99 billion in assets, Vanguard Mid-Cap Value ETF has $17.59 billion. SDVY has an expense ratio of 0.59% and VOE charges 0.07%. Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds 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 Value ETF (IWS): ETF Research Reports Williams Companies, Inc. (The) (WMB) : Free Stock Analysis Report Arthur J. Gallagher & Co. (AJG) : Free Stock Analysis Report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Vanguard Mid-Cap Value ETF (VOE): ETF Research Reports First Trust SMID Cap Rising Dividend Achievers ETF (SDVY): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
02-04-2025
- Business
- Yahoo
Here's What Lifted Talen Energy Corporation (TLN) in Q4
River Road Asset Management, an investment management company released its 'River Road Mid Cap Value Fund' Q4 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, AMG River Road Small Cap Value Fund (Class N) returned 2.97% compared to -1.75% returns for the Russell MidCap Value Index. For the year 2024, the fund returned 13.56%, compared to Index return of 13.07%. Stocks rallied in November after a Republican victory but declined sharply following hawkish Fed comments. Shorter duration stocks, including small caps and value, lost most of their post-election gains by the end of December. For more information on the fund's best picks in 2024, please check its top five holdings. In its fourth quarter 2024 investor letter, River Road Mid Cap Value Fund emphasized stocks such as Talen Energy Corporation (NASDAQ:TLN). Talen Energy Corporation (NASDAQ:TLN) is an independent power producer and infrastructure company. The one-month return Talen Energy Corporation (NASDAQ:TLN) was 4.85%, and its shares gained 120.92% of their value over the last 52 weeks. On April 1, 2025, Talen Energy Corporation (NASDAQ:TLN) stock closed at $207.44 per share with a market capitalization of $9.441 billion. River Road Mid Cap Value Fund stated the following regarding Talen Energy Corporation (NASDAQ:TLN) in its Q4 2024 investor letter: "Another top contributor was Talen Energy Corporation (NASDAQ:TLN), a leading independent power producer. TLN boasts a diverse 10.7 GW generation portfolio spanning nuclear (48%), natural gas (41%), and coal (11%) assets across the PJM (northeastern states) and WECC (western regions). The electrical grid faces mounting pressure from rapidly escalating demand, fueled by transformative technologies like artificial intelligence (AI). Consequently, the price of clean and reliable nuclear power is expected to increase significantly. TLN's crown jewel, the Susquehanna nuclear facility, enjoys dual advantages: a tax credit safeguarding its cash flow downside and upside cash flow potential as power prices respond to new agreements. These benefits are exemplified by TLN's recent contract with Amazon® and Constellation Energy Group's (CEG) plans to reactivate Three Mile Island to meet Microsoft's® demand. Talen Energy Corporation (NASDAQ:TLN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 77 hedge fund portfolios held Talen Energy Corporation (NASDAQ:TLN) at the end of the fourth quarter compared to 68 in the third quarter. While we acknowledge the potential of Talen Energy Corporation (NASDAQ:TLN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered Talen Energy Corporation (NASDAQ:TLN) in another article, where we shared the list of best alternative energy stocks to buy. In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Here's What Makes CACI International Inc (CACI) a Compelling Investment
River Road Asset Management, an investment management company released its 'River Road Mid Cap Value Fund' Q4 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, AMG River Road Small Cap Value Fund (Class N) returned 2.97% compared to -1.75% returns for the Russell MidCap Value Index. For the year 2024, the fund returned 13.56%, compared to Index return of 13.07%. Stocks rallied in November after a Republican victory but declined sharply following hawkish Fed comments. Shorter duration stocks, including small caps and value, lost most of their post-election gains by the end of December. For more information on the fund's best picks in 2024, please check its top five holdings. In its fourth quarter 2024 investor letter, River Road Mid Cap Value Fund emphasized stocks such as CACI International Inc (NYSE:CACI). CACI International Inc (NYSE:CACI) provides expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The one-month return of CACI International Inc (NYSE:CACI) was 1.94%, and its shares gained 0.03% of their value over the last 52 weeks. On April 1, 2025, CACI International Inc (NYSE:CACI) stock closed at $369.90 per share with a market capitalization of $8.293 billion. River Road Mid Cap Value Fund stated the following regarding CACI International Inc (NYSE:CACI) in its Q4 2024 investor letter: "The largest new position added during the quarter was CACI International Inc (NYSE:CACI). CACI International Inc. (Cl A) (CACI) is a leading provider of expertise and technology services supporting national security missions and government modernization for intelligence, defense, and federal civilian customers. The Department of Defense accounts for 74% of revenues, with Federal Civilian Agencies contributing 21% and commercial customers the remaining 4%. In recent years, CACI has strategically shifted toward addressing complex technology challenges across the federal government while reducing its focus on basic professional services. Michael Daniels, former senior VP of SAIC, has served as chairman since January 2021, while John Mengucci has been president and CEO since June 2019. An IT technician in an open office with stacks of servers in the background. CACI International Inc (NYSE:CACI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held CACI International Inc (NYSE:CACI) at the end of the fourth quarter compared to 38 in the third quarter. While we acknowledge the potential of CACI International Inc (NYSE:CACI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered CACI International Inc (NYSE:CACI) in another article, where we shared the list of worst performing IT services stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
02-04-2025
- Business
- Yahoo
Should You be Confident in St. Joe Company (JOE)?
River Road Asset Management, an investment management company released its 'River Road Mid Cap Value Fund' Q4 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, AMG River Road Small Cap Value Fund (Class N) returned 2.97% compared to -1.75% returns for the Russell MidCap Value Index. For the year 2024, the fund returned 13.56%, compared to Index return of 13.07%. Stocks rallied in November after a Republican victory but declined sharply following hawkish Fed comments. Shorter duration stocks, including small caps and value, lost most of their post-election gains by the end of December. For more information on the fund's best picks in 2024, please check its top five holdings. In its fourth quarter 2024 investor letter, River Road Mid Cap Value Fund emphasized stocks such as The St. Joe Company (NYSE:JOE). The St. Joe Company (NYSE:JOE) is a real estate development, asset management, and operating company. The one-month return of The St. Joe Company (NYSE:JOE) was -0.98%, and its shares lost 19.06% of their value over the last 52 weeks. On April 1, 2025, The St. Joe Company (NYSE:JOE) stock closed at $46.55 per share with a market capitalization of $2.715 billion. River Road Mid Cap Value Fund stated the following regarding The St. Joe Company (NYSE:JOE) in its Q4 2024 investor letter: "Another poor performer was The St. Joe Company (NYSE:JOE), the largest private landowner in Florida with 171,000 acres in Northwest Florida with legal rights to develop over 170,000 residential units in Florida's Bay County and Walton County (the sixth-fastest growing county in the U.S.). JOE operates independently of Wall Street, with no sell-side coverage due to its unique business model of slow and steady land development that defies precise modeling. The company's long-term growth strategy capitalizes on retiring Baby Boomers migrating to Florida, driving both revenue and profit growth at attractive rates. The company's strategy involves converting highly valuable land (recorded at 1936 prices on the balance sheet) into recurring cash flows through various commercial real estate developments including hotels, apartments, retail, and entertainment assets. Aerial view of a newly-developed residential community with homesites and golf courses. The St. Joe Company (NYSE:JOE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 28 hedge fund portfolios held The St. Joe Company (NYSE:JOE) at the end of the fourth quarter compared to 18 in the third quarter. While we acknowledge the potential of The St. Joe Company (NYSE:JOE) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered The St. Joe Company (NYSE:JOE) in another article, where we shared Praetorian Capital's views on the company. In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
