John Kerrigan - IShares Russell Trustee of iShares Trust
IWP Etf | USD 134.91 0.63 0.46% |
Mr. Kerrigan Chief Investment Officer, Santa Clara University Managing Director, Merrill Lynch . Director of iShares, Inc. Member of Advisory Council for Commonfund Distressed Debt Partners II.
Age | 60 |
Issuer | iShares |
Inception Date | 2001-07-17 |
Benchmark | Russell MidCap Growth Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 18.31 Billion |
Average Trading Valume | 1.06 Million |
Asset Type | Equity |
Category | Size and Style |
Focus | Mid Cap |
Market Concentration | Developed Markets |
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iShares Russell Mid Money Managers
Charles Hurty, Trustee of iShares Trust | ||
John Kerrigan, Trustee of iShares Trust | ||
Cecilia Herbert, Trustee | ||
Lee Kranefuss, Chairman of the Board and Presidentident, Trustee of iShares Trust. | ||
W Reed, Trustee of iShares Trust | ||
Michael Latham, Principal Financial Officer, Treasurer, Secretary | ||
George Parker, Trustee of iShares Trust | ||
John Martinez, Trustee of iShares Trust | ||
Richard Lyons, Trustee of iShares Trust |
IShares Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is IShares Russell a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Price To Earning | 3.12 X | |||
Price To Book | 4.69 X | |||
Price To Sales | 1.83 X | |||
Gross Profit | 98.05 M | |||
Earnings Per Share | 9.25 X | |||
Beta | 1.12 | |||
Market Capitalization | 6.61 B | |||
Total Asset | 11.8 B | |||
One Year Return | 40.80 % | |||
Three Year Return | 5.50 % |
Pair Trading with IShares Russell
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares Russell position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares Russell will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
1.0 | VOT | Vanguard Mid Cap | PairCorr |
0.96 | ARKK | ARK Innovation ETF | PairCorr |
0.95 | IJK | iShares SP Mid | PairCorr |
0.98 | JKH | iShares Morningstar Mid | PairCorr |
The ability to find closely correlated positions to IShares Russell could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares Russell when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares Russell - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares Russell Mid Cap to buy it.
The correlation of IShares Russell is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares Russell moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Russell Mid moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares Russell can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Russell Mid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of iShares Russell Mid is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Russell's value that differs from its market value or its book value, called intrinsic value, which is IShares Russell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Russell's market value can be influenced by many factors that don't directly affect IShares Russell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Russell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.