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Yahoo
16-05-2025
- Business
- Yahoo
Is Invesco S&P SmallCap 600 Pure Value ETF (RZV) a Strong ETF Right Now?
A smart beta exchange traded fund, the Invesco S&P SmallCap 600 Pure Value ETF (RZV) debuted on 03/01/2006, and offers broad exposure to the Style Box - Small Cap Value category of the market. The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns. The fund is managed by Invesco. RZV has been able to amass assets over $201.54 million, making it one of the average sized ETFs in the Style Box - Small Cap Value. This particular fund seeks to match the performance of the S&P SmallCap 600 Pure Value Index before fees and expenses. The S&P SmallCap 600 Pure Value Index measures the performance of securities that exhibit strong value characteristics in the S&P SmallCap 600 Index. Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. Annual operating expenses for RZV are 0.35%, which makes it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.93%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. RZV's heaviest allocation is in the Consumer Discretionary sector, which is about 25% of the portfolio. Its Financials and Energy round out the top three. When you look at individual holdings, Spartannash Co (SPTN) accounts for about 1.99% of the fund's total assets, followed by Proassurance Corp (PRA) and Par Pacific Holdings Inc (PARR). Its top 10 holdings account for approximately 16.48% of RZV's total assets under management. Year-to-date, the Invesco S&P SmallCap 600 Pure Value ETF has lost about -9.51% so far, and is down about -4.07% over the last 12 months (as of 05/16/2025). RZV has traded between $83.11 and $119.36 in this past 52-week period. The fund has a beta of 1.20 and standard deviation of 25.17% for the trailing three-year period, which makes RZV a high risk choice in this particular space. With about 147 holdings, it effectively diversifies company-specific risk. Invesco S&P SmallCap 600 Pure Value ETF is a reasonable option for investors seeking to outperform the Style Box - Small Cap Value segment of the market. However, there are other ETFs in the space which investors could consider. Avantis U.S. Small Cap Value ETF (AVUV) tracks ---------------------------------------- and the Vanguard Small-Cap Value ETF (VBR) tracks CRSP U.S. Small Cap Value Index. Avantis U.S. Small Cap Value ETF has $15.48 billion in assets, Vanguard Small-Cap Value ETF has $29.20 billion. AVUV has an expense ratio of 0.25% and VBR charges 0.07%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Small Cap Value. 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 Invesco S&P SmallCap 600 Pure Value ETF (RZV): ETF Research Reports ProAssurance Corporation (PRA) : Free Stock Analysis Report SpartanNash Company (SPTN) : Free Stock Analysis Report Par Pacific Holdings, Inc. (PARR) : Free Stock Analysis Report Vanguard Small-Cap Value ETF (VBR): ETF Research Reports Avantis U.S. Small Cap Value ETF (AVUV): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
13-05-2025
- Business
- Yahoo
Should Vanguard S&P Small-Cap 600 ETF (VIOO) Be on Your Investing Radar?
Launched on 09/09/2010, the Vanguard S&P Small-Cap 600 ETF (VIOO) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Blend segment of the US equity market. The fund is sponsored by Vanguard. It has amassed assets over $2.85 billion, making it one of the larger ETFs attempting to match the Small Cap Blend segment of the US equity market. Sitting at a market capitalization below $2 billion, small cap companies tend to be high-potential stocks compared to its large and mid cap counterparts, but come with higher risk. Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments. 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 0.07%, making it one of the least expensive products in the space. It has a 12-month trailing dividend yield of 1.58%. 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 Financials sector--about 19.50% of the portfolio. Industrials and Consumer Discretionary round out the top three. Looking at individual holdings, Slcmt1142 accounts for about 0.87% of total assets, followed by Alaska Air Group Inc (ALK) and Hims & Hers Health Inc (HIMS). The top 10 holdings account for about 4.03% of total assets under management. VIOO seeks to match the performance of the S&P SmallCap 600 Index before fees and expenses. The S&P SmallCap 600 Index represents the small-cap segment of the U.S. equity market. The ETF has lost about -6.30% so far this year and is up roughly 0.79% in the last one year (as of 05/13/2025). In the past 52-week period, it has traded between $83.80 and $117.99. The ETF has a beta of 1.07 and standard deviation of 22.36% for the trailing three-year period, making it a medium risk choice in the space. With about 609 holdings, it effectively diversifies company-specific risk. Vanguard S&P Small-Cap 600 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, VIOO is an excellent option for investors seeking exposure to the Style Box - Small Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well. The iShares Russell 2000 ETF (IWM) and the iShares Core S&P Small-Cap ETF (IJR) track a similar index. While iShares Russell 2000 ETF has $61.81 billion in assets, iShares Core S&P Small-Cap ETF has $78.96 billion. IWM has an expense ratio of 0.19% and IJR charges 0.06%. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. 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 Vanguard S&P Small-Cap 600 ETF (VIOO): ETF Research Reports Alaska Air Group, Inc. (ALK) : Free Stock Analysis Report iShares Russell 2000 ETF (IWM): ETF Research Reports iShares Core S&P Small-Cap ETF (IJR): ETF Research Reports Hims & Hers Health, Inc. (HIMS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
11-04-2025
- Business
- Globe and Mail
S&P Futures Gain With Focus on Key U.S. PPI Data and Big Bank Earnings, China Retaliates Again
June S&P 500 E-Mini futures (ESM25) are trending up +0.69% this morning as investors await crucial U.S. producer inflation data and earnings reports from some of the biggest U.S. banks. U.S. equity futures initially moved sharply higher, attempting to rebound from yesterday's selloff on Wall Street. Later, stock index futures briefly turned lower after China raised tariffs on all U.S. goods to 125% from 84%, effective April 12th. The move came after the White House clarified on Thursday that, including a 20% levy imposed earlier this year, total tariffs on China now stand at 145%. China stated it would not match any additional tariff hikes from the U.S., but affirmed it would continue to retaliate against perceived U.S. offenses. However, stock index futures erased losses and continued to rise as investors appeared to shrug off the latest escalation in the U.S.-China trade war. In yesterday's trading session, Wall Street's major indices closed in the red. The Magnificent Seven stocks retreated, with Tesla (TSLA) sliding over -7% and Meta Platforms (META) falling more than -6%. Also, chip stocks slumped, with Microchip Technology (MCHP) plunging over -13% to lead losers in the Nasdaq 100 and ON Semiconductor (ON) dropping more than -11%. In addition, CarMax (KMX) tumbled -17% after the company posted weaker-than-expected FQ4 EPS. On the bullish side, Enact Holdings (ACT) rose more than +4% after S&P Dow Jones Indices announced that the stock would join the S&P SmallCap 600 Index, effective April 16th. The U.S. Bureau of Labor Statistics report released on Thursday showed that consumer prices slipped -0.1% m/m in March, weaker than expectations of +0.1% m/m. On an annual basis, headline inflation eased to +2.4% in March from +2.8% in February, weaker than expectations of +2.5% and the smallest increase in 6 months. Also, the core CPI, which excludes volatile food and fuel prices, rose +0.1% m/m and +2.8% y/y in March, weaker than expectations of +0.3% m/m and +3.0% y/y. In addition, the number of Americans filing for initial jobless claims in the past week rose +4K to 223K, in line with expectations. 'Healthy drop in inflation or big fall drop in demand?' said Bret Kenwell at eToro. 'While the Fed will want more than one data point to just justify its next rate cut, [yesterday's] CPI numbers are certainly a step in the right direction. Unfortunately, the trade-war rhetoric over the last month has muddied the economic waters. Is inflation moving sustainably lower, or did businesses and consumers pull in the reins as they brace for an economic slowdown?' Kansas City Fed President Jeff Schmid stated on Thursday that he would prioritize curbing inflation if policymakers are forced to balance their goal of price stability against their mandate for full employment. Also, Dallas Fed President Lorie Logan said, 'To sustainably achieve both of our dual-mandate goals, it will be important to keep any tariff-related price increases from fostering more persistent inflation. For now, I believe the stance of monetary policy is well positioned.' In addition, Chicago Fed President Austan Goolsbee described tariffs as a 'stagflationary shock' that places the central bank's objectives of price stability and full employment in conflict with each other. U.S. rate futures have priced in a 63.6% chance of no rate change and a 36.4% chance of a 25 basis point rate cut at the next central bank meeting in May. Meanwhile, the first-quarter corporate earnings season gets underway, with some of the biggest U.S. banks, including JPMorgan Chase (JPM), Wells Fargo (WFC), and Morgan Stanley (MS), slated to report their quarterly results today. BlackRock (BLK) and Fastenal (FAST) are other prominent companies scheduled to deliver their quarterly updates today. According to Bloomberg Intelligence, companies in the S&P 500 are expected to post an average +6.7% increase in quarterly earnings for Q1 compared to the previous year. On the economic data front, all eyes are focused on the U.S. Producer Price Index, which is set to be released in a couple of hours. Economists, on average, forecast that the U.S. March PPI will come in at +0.2% m/m and +3.3% y/y, compared to the previous figures of unchanged m/m and +3.2% y/y. The U.S. Core PPI will also be closely monitored today. Economists expect March figures to be +0.3% m/m and +3.6% y/y, compared to February's numbers of -0.1% m/m and +3.4% y/y. The University of Michigan's U.S. Consumer Sentiment Index will be released today as well. Economists estimate the preliminary April figure will stand at 54.0, compared to 57.0 in March. In addition, market participants will hear perspectives from St. Louis Fed President Alberto Musalem and New York Fed President John Williams throughout the day. In the bond market, the yield on the benchmark 10-year U.S. Treasury note is at 4.407%, up +0.34%. The Euro Stoxx 50 Index is down -1.41% this morning, reversing earlier gains after China raised stakes in its trade war with the U.S. by imposing additional tariffs on American goods. China said it would impose a 125% levy on U.S. goods, adding that if the U.S. continues to implement additional tariffs, China will disregard them. Technology and financial stocks led the declines on Friday. The benchmark index is on track to post its third weekly decline. Meanwhile, the EU has temporarily suspended its planned retaliatory tariffs for a 90-day period in response to Trump's reciprocal tariff pause, with finance ministers scheduled to meet Friday to consider negotiations with Washington or plan for U.S. tariffs. French President Emmanuel Macron stated that Trump's decision this week to suspend tariffs for 90 days allowed for only a 'fragile pause.' On the economic front, data from the Office for National Statistics released on Friday showed that the British economy expanded more strongly than anticipated in February, but Trump's wave of tariff increases and pauses threatens to hamper further momentum. Separately, final data from the Federal Statistical Office confirmed that Germany's annual inflation rate eased to 2.2% in March from 2.3% in February. In corporate news, Stellantis NV ( slid over -4% after the carmaker reported a 9% year-over-year drop in Q1 vehicle shipments. U.K.'s GDP, Germany's CPI, and Spain's CPI data were released today. U.K. February GDP has been reported at +0.5% m/m and +1.4% y/y, stronger than expectations of +0.1% m/m and +0.9% y/y. The German March CPI came in at +0.3% m/m and +2.2% y/y, in line with expectations. The Spanish March CPI arrived at +0.1% m/m and +2.3% y/y, in line with expectations. Asian stock markets today settled mixed. China's Shanghai Composite Index (SHCOMP) closed up +0.45%, and Japan's Nikkei 225 Stock Index (NIK) closed down -2.96%. China's Shanghai Composite Index reversed earlier losses and closed higher today as optimism over stronger stimulus measures and hopes for an eventual trade deal with the U.S. outweighed Donald Trump's 145% tariffs. Chinese equities opened lower as sentiment was dampened after the White House clarified on Thursday that, including a 20% levy imposed earlier this year, total tariffs on China now stand at 145%. However, expectations for Beijing to unveil new growth support, along with hopes that the world's two largest economies will reach a compromise, pushed the benchmark index higher. Trump stated on Thursday that he believes the first trade deals are 'very close' and expressed optimism that China would eventually come to the table. Meanwhile, domestic chip stocks rallied on Friday after guidance from an industry association raised expectations that tariffs on U.S. chips entering China could speed up localization. The benchmark index ended the week higher. In other news, the People's Bank of China said on Friday that finance and central bank officials from China, Japan, and South Korea met and discussed the impact of U.S. tariffs on the global and regional macroeconomic outlook. In corporate news, Hunan Gold rose over +4% after the miner posted a 73% year-over-year increase in 2024 net profit. Japan's Nikkei 225 Stock Index closed lower today, tracking overnight losses on Wall Street amid fears that the escalating U.S.-China trade war will dampen global growth. The latest drop came after the White House confirmed that cumulative tariffs on Chinese imports have risen to 145%. Uncertainty also persists regarding the outcome of ongoing negotiations to reduce or avert U.S. President Donald Trump's reciprocal tariffs. Electronics, pharmaceutical, and automobile stocks led the declines on Friday. The benchmark index notched its third consecutive weekly loss. Meanwhile, Japanese companies are set to begin announcing their outlook for this fiscal year starting at the end of this month. Yusuke Sakai, a senior trader at T&D Asset Management, said, 'Equities rise as long as companies grow, but I am afraid that they may not be able to disclose their outlook, and even if they do, it could be conservative. That may push the Nikkei to a new low.' In other news, a Bank of Japan survey released on Friday showed that Japanese households' inflation expectations increased in the three months to March, maintaining pressure on the central bank to raise interest rates further. As many as 86.7% of Japanese households anticipate price increases a year from now, up from 85.7% in the previous December survey. In corporate news, Baycurrent surged over +12% after the consulting company lifted its full-year net profit guidance and announced a share buyback. The Nikkei Volatility Index, which takes into account the implied volatility of Nikkei 225 options, closed up +13.02% to 44.36. Pre-Market U.S. Stock Movers L3Harris Technologies (LHX) gained over +1% in pre-market trading after Goldman Sachs double-upgraded the stock to Buy from Sell with a price target of $263. Joby Aviation (JOBY) slid more than -3% in pre-market trading after Morgan Stanley downgraded the stock to Equal Weight from Overweight. Logitech (LOGI) fell over -2% in pre-market trading after withdrawing its outlook for FY26 'given the continuing uncertainty of the tariff environment.' Today's U.S. Earnings Spotlight: Friday - April 11th JPMorgan (JPM), Wells Fargo (WFC), Morgan Stanley (MS), BlackRock (BLK), Bank of NY Mellon (BK), Fastenal (FAST), Children's Place (PLCE), Beam Global (BEEM).
Yahoo
29-03-2025
- Business
- Yahoo
Why Kratos Defense & Security Solutions Inc (KTOS) Is Surging In 2025?
We recently published a list of . In this article, we are going to take a look at where ABC stands against other aerospace stocks that are surging in 2025. The aerospace industry is riding a wave of growth as global conflicts across the world have sparked a surge in demand. This has led to swelling backlogs and a flood of orders from every corner of the globe. Meanwhile, recent administration changes in the United States have shaken things up. European countries are ramping up their aerospace orders and are eager to secure advanced technology. Some nations have hesitated over U.S. orders amid shifting policies, but cancellations seem unlikely since trade wars have simmered down a bit. Beyond geopolitics, the industry is buzzing with other trends. The commercial aviation sector is roaring back with record passenger traffic. This has pushed airlines to modernize fleets with fuel-efficient aircraft. Moreover, AI software is making defense aircraft more potent, and the entire industry has seen a bump in growth. For this article, I screened the best-performing aerospace stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A technician in a laboratory carrying out research and development of microwave electronics. Number of Hedge Fund Holders In Q4 2024: 21 Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) is a tech company that specializes in advanced defense systems. The stock is up significantly so far in 2025 as Kratos was added to the S&P SmallCap 600 Index on March 24, 2025. This milestone significantly boosted investor confidence as it validated the company's investability. Moreover, Kratos announced a $50 million investment to build a state-of-the-art hypersonic system payload integration facility in Indiana. It also secured an additional $59.3 million contract for its BQM-177A subsonic aerial target systems and bought the contract value to $175 million. Kratos was awarded a potential $50 million contract for short- and medium-range sub-orbital vehicles supporting missile defense missions. Q4 2024 results also came in solid. The consensus price target of $32.67 implies 0.89% downside. KTOS stock is up 24.94% year-to-date. Overall, KTOS ranks 10th on our list of aerospace stocks that are surging in 2025. While we acknowledge the potential of KTOS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KTOS but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
28-03-2025
- Business
- Yahoo
Greenleaf Capital, the Real Estate Division of HCI Group, Enters Into New Multi-Year Lease Agreement for Office Campus in Tampa
TAMPA, Fla., March 28, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI) announced today that GEICO has signed a multi-year lease agreement to fully occupy a three building campus in Tampa, Florida owned as an investment property by Greenleaf Capital, the company's real-estate division. 'We are excited to secure a long-term tenant who plans to bring more than 1,000 new jobs to our local community,' said Paresh Patel, HCI's chairman and chief executive officer. Greenleaf acquired the office campus in 2023, which includes approximately 190,000 square feet of leasable space. HCI currently reports the office campus at a carrying value of approximately $17 million on its balance sheet. With the new tenant secured, the campus is now fully leased under a multi-year agreement. 'We believe the combination of property improvements and the long-term lease with a high-quality tenant greatly enhances the equity value of the investment. Greenleaf has a proven history of acquiring properties at favorable prices, enhancing them through strategic improvements, and generating tremendous long-term value for HCI shareholders,' said Paresh Patel, HCI's chairman and chief executive officer. About HCI Group, Group is a holding company with two distinct operating units. The first unit includes four top-performing insurance companies, a captive reinsurance company, and operations in claims management and real estate. The second unit, called Exzeo Group, is a leading innovator of insurance technology that utilizes advanced underwriting algorithms and data analytics. Exzeo empowers property and casualty insurers to transform underwriting outcomes and achieve industry-leading results. The company's common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index. HCI Group, Inc. regularly publishes financial and other information in the Investor Information section of the company's website. For more information about HCI Group and its subsidiaries, visit Company Contact:Bill Broomall, CFA Investor RelationsHCI Group, (813) 776-1012wbroomall@ Investor Relations Contact:Matt GloverGateway Group, Inc. Tel 949-574-3860HCI@ in to access your portfolio
