Is Invesco S&P SmallCap 600 Pure Value ETF (RZV) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 10 2024
0mins
Source: NASDAQ.COM
Overview of Invesco S&P SmallCap 600 Pure Value ETF (RZV): Launched in 2006, RZV is a smart beta ETF focused on small-cap value stocks, aiming to match the performance of the S&P SmallCap 600 Pure Value Index with an expense ratio of 0.35% and a current yield of 1.15%.
Investment Considerations: While RZV has shown a return of approximately 22.78% over the past year, investors may also explore other options like Avantis U.S. Small Cap Value ETF and Vanguard Small-Cap Value ETF for potentially lower costs and risks.
Analyst Views on PHIN
Wall Street analysts forecast PHIN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PHIN is 63.85 USD with a low forecast of 54.41 USD and a high forecast of 79.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 70.340
Low
54.41
Averages
63.85
High
79.00
Current: 70.340
Low
54.41
Averages
63.85
High
79.00
About PHIN
PHINIA Inc. is an independent solutions and components provider. Across commercial vehicles and industrial applications, the Company develops fuel systems, electrical systems and aftermarket solutions. The Company’s segments include Fuel Systems and Aftermarket. The Fuel Systems segment provides advanced fuel injection systems, fuel delivery modules, canisters, sensors, electronic control modules and associated software. Its engineered fuel injection systems portfolio includes pumps, injectors, fuel rail assemblies, engine control modules, and complete systems, including software and calibration services, that reduce emissions and improve fuel economy for traditional and hybrid applications. The Aftermarket segment sells products to independent aftermarket customers and OES customers. Its product portfolio includes a wide range of products as well as maintenance, test equipment and vehicle diagnostics solutions. The Company's brand portfolio includes DELPHI, DELCO REMY and HARTRIDGET.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
