Should Invesco S&P MidCap 400 Revenue ETF (RWK) Be on Your Investing Radar?
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Invesco S&P MidCap 400 Revenue ETF Overview: The Invesco S&P MidCap 400 Revenue ETF (RWK) is a passively managed fund focusing on mid-cap value stocks, with assets over $844 million and an expense ratio of 0.39%. It aims to match the performance of the OFI Revenue Weighted Mid Cap Index and has shown a return of approximately 20.71% over the past year.
Investment Considerations: Investors should analyze the ETF's holdings, which are heavily weighted in Consumer Discretionary, Industrials, and Financials sectors, and consider alternatives like iShares Russell Mid-Cap Value ETF and Vanguard Mid-Cap Value ETF for diversified exposure in the mid-cap value segment.
Analyst Views on IWS
Wall Street analysts forecast IWS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IWS is USD with a low forecast of USD and a high forecast of 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.
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Current: 148.940
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Current: 148.940
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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.
