iShares Russell Mid-Cap ETF에 대한 매도 수량은 투자자에게 iShares Russell Mid-Cap ETF의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

iShares Russell Mid-Cap ETF (ARCA:IWR), 공매도 수량 보고

iShares Russell Mid-Cap ETF

Industrials

Financial Services

Technology

Consumer Cyclical

Healthcare

Real Estate

Utilities

Energy

Basic Materials

Consumer Defensive

Communication Services

The Fund seeks to track the investment results of the Russell Midcap Index; the Underlying Index, which measures the performance of the mid-capitalization sector of the U.S. equity market, as defined by FTSE Russell; the Index Provider or Russell. The Underlying Index is a subset of the Russell 1000 Index, which measures the performance of the large and mid-capitalization sectors of the U.S. equity market, as defined by Russell.

Arthur J Gallagher & Co.

Aflac Inc.

Palantir Technologies Inc.

D R Horton Inc

Hilton Worldwide Holdings, Inc.

Williams Cos. Inc.

United Rentals Inc.

Simon Property Group Inc

Realty Income Corp.

Digital Realty Trust Inc. Reit

AppLovin Corp. Com Cl A

Bank Of New York Mellon Corp.

Royal Caribbean Cruises

Oneok Inc.

Microstrategy Inc

Kinder Morgan Inc./de

Allstate Corp.

Howmet Aerospace Inc.

Cargo,Container,Ship,,Cargo,Vessel,Ship,Carrying,Container,And,Running

Sector ETFs

Specialty ETFs

BDRY

항만 노동자들은 화요일에 화물 후크를 내려놓을 것으로 예상되며, 이로 인해 미국의 가장 바쁜 항구들의 활동이 중단될 가능성이 있다. 무슨 일이 (What Happened): 뉴욕 타임스에 따르면, 동부 및 걸프 해안에서 고용주와의 노조 대결로 인해 수십억 달러 상당의 화물을 중단시킬 수 있으며, 이로 인해 휴가를 앞두고 쇼핑이 복잡해질 수 있다.

美 항만 노동 파업이 임박: 대치로 하루 $10억의 비용 발생,  추수감사절 준비에 어려움 초래

IOWA RNEWBLE EGY UNIT A by Iowa Renewable Energy LLC

IOWA RNEWBLE EGY UNIT B by Iowa Renewable Energy LLC

Iowa Renewable Energy LLC

IRWIN RESOURCES INC by Irwin Resources, Inc.

Editor&#8217;s Note: This story has been updated to correct an error in the reported estimate for Carnival&#8217;s fourth-quarter earnings. 
Carnival Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) stock slid Monday following the <a href="https://www.benzinga.com/pressreleases/24/09/n41093143/carnival-corporation-plc-reports-record-setting-operating-results-outperforms-third-quarter-guidan" target="_blank" rel="noreferrer noopener">third-quarter print</a>.
The company reported third-quarter adjusted EPS of $1.27,&nbsp;beating the <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">analyst consensus estimate of $1.16.</a>
Carnival reported quarterly sales of $7.90 billion,&nbsp;up 15.2% year over year, beating the street view of $7.83 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40879412/cruise-stocks-to-sail-smoothly-into-2025-analyst-sees-zero-signs-of-softening" rel="noreferrer noopener">Cruise Stocks To Sail Smoothly Into 2025: Analyst Sees &#8216;Zero Signs Of Softening&#8217;</a>
The company registered an operating income of&nbsp;$2.2 billion, up by 34% Y/Y. Adjusted EBITDA in the quarter under review pegs at $2.8 billion, up 25% Y/Y.
The company continues to experience strong bookings momentum driven by booking volumes for 2025 sailings. The company ended the quarter with&nbsp;$4.5 billion&nbsp;of liquidity.
&#8220;Our strong improvements were led by high-margin, same-ship yield growth, driving a 26 percent improvement in unit operating income, the highest level we have reached in fifteen years,&#8221; commented Carnival Corporation &amp; plc&#8217;s Chief Executive Officer&nbsp;Josh Weinstein.
Outlook:&nbsp;Carnival&nbsp;projects fourth-quarter net yields (in constant currency) up approximately&nbsp;5.0%.
It expects fourth-quarter adjusted EPS of $0.05, versus the estimate of $0.07. It expects fourth-quarter adjusted EBITDA of approximately $1.14 billion, up 20% Y/Y.
For 2024, the company expects net yields &nbsp;(in constant currency) up approximately 10.40% Y/Y (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/06/39481992/carnival-rides-the-wave-strong-bookings-and-robust-q2-earnings-boost-outlook" rel="noreferrer noopener">prior view: 10.25%</a>). Carnival expects adjusted EPS of $1.33 (prior view: $1.18), above the <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of $1.21</a>. It projects adjusted EBITDA of approximately&nbsp;$6.0 billion, up 40% Y/Y (prior view: $5.83 billion).
Carnival&nbsp;stock is up over 32% in the last 12 months. Investors can gain exposure to the stock through Vanguard Mid-Cap Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOT#NYSE">VOT</a>) and iShares Russell Mid-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWR#NYSE">IWR</a>).
Price Action: CCL stock is down 2.08% to $18.16 at last check Monday.
Image: Viola from Pixabay
Also Read:
<ul>
<li><a href="https://www.benzinga.com/general/travel/24/09/40835139/cruise-industry-sees-steady-rise-in-web-traffic-while-other-travel-sectors-decline" target="_blank" rel="noreferrer noopener">Cruise Industry Sees Steady Rise In Web Traffic While Other Travel Sectors Decline</a></li>
</ul>

Earnings

Equities

News

Guidance

Movers

Carnival Q3 Earnings: 15% Topline Growth, Record Operating Income, Guidance Boost And More (CORRECTED)

Longshoremen are expected to drop their cargo hooks Tuesday, potentially freezing activity at some of <a href="https://www.benzinga.com/markets/equities/24/09/41086120/us-market-soars-after-fed-rate-cut-but-chartist-warns-of-potential-stock-plunge-citing-this-clas">the U.S.&#8217;s busiest ports</a>.
What Happened: According <a href="https://www.nytimes.com/2024/09/30/business/port-strike-dockworkers.html">to</a> the New York Times, a union showdown on the East and Gulf coasts with their employers could halt billions of dollars <a href="https://www.benzinga.com/markets/equities/24/09/41097541/amazon-apple-tesla-brace-for-supply-chain-disruptions-as-potential-east-coast-dockworkers-strike">worth of goods</a>, potentially complicating shopping ahead of the holidays.
The International Longshoremen's Association (ILA) hasn't orchestrated a strike this big since 1977, but its got leverage this time. Recent labor victories by big unions such as the Teamsters and the United Auto Workers (UAW) have <a href="https://www.benzinga.com/markets/equities/23/10/35492334/gm-uaw-reach-tentative-agreement-potentially-putting-an-end-to-costly-6-week-strike">set a high bar</a>.
Longshoremen are now looking for their slice of the pie.
In addition to demanding a pay raise, longshoremen are also wary of labor-saving tech creeping into their workspace.
With a strike potentially costing the economy billions per day, President Joe Biden could step in using a 1947 law to force the longshoremen back to work.
But Biden, who supported the <a href="https://www.benzinga.com/news/23/09/34922731/biden-makes-historic-visit-to-auto-worker-picket-line-tells-union-to-you-deserve-raise">UAW strike last year</a>, said Sunday he would <a href="https://www.c-span.org/video/?538805-1/president-biden-speaks-reporters-dover-air-force-base">not</a> intervene with the longshoremen strike. 
The United States Maritime Alliance, representing the employers, is locked in a months-long standoff with the ILA over wages and benefits.
The union is asking for a $5-an-hour raise for each of the next six years. This would bring their top hourly rate to $69 — a significant bump from the current $39 an hour.
Compare that to their West Coast counterparts, who will be pulling in $60.85 an hour by 2027, and it's easy to see why the ILA feels shortchanged.
See Also: <a href="https://www.benzinga.com/markets/asia/24/09/41012532/chinas-exports-at-risk-from-anticipated-us-port-strikes-typhoons-golden-week-warns-container-trade-e">China&#8217;s Exports At Risk From Anticipated US Port Strikes, Typhoons, Golden Week, Warns Container Trade Expert</a>
Why It Matters: The ILA&#8217;s 47,000 members handle three-fifths of U.S. container traffic.
Many businesses, fearing a potential strike, have scrambled to get goods through the ports before Tuesday.
With some cargo still stranded at sea, delays are inevitable. The backlog could reportedly take weeks to clear, even if the strike is brief. 
Various distributors, including MHW Ltd., fear the strike could affect the Thanksgiving holiday. MHW chief operating officer John Wrenn told the New York Times that sales &#8220;will just be lost because products will not be on the shelves.&#8221;
A different union operates West Coast ports, leaving them unaffected. 
Observers say trucking goods from the West Coast to the East is too expensive to serve as a workaround. 
The ILA has said they won't disrupt work on cruise ships. 
ETFs To Watch:
<ul>
<li>Breakwave Dry Bulk Shipping ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BDRY#NYSE">BDRY</a>): This ETF is the first to focus on dry bulk shipping. Launched in partnership with ETF Managers Group, the Breakwave holds near-dated futures contracts on various dry bulk indexes.</li>
<li>SPDR S&amp;P Transportation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XTN#NYSE">XTN</a>): Tracks the transportation sector, including shipping companies and logistics providers like FedEx and UPS. A strike would disrupt their operations.</li>
</ul>
Investors can gain exposure to cruise stocks via Vanguard Mid-Cap Growth Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOT#NYSE">VOT</a>) and iShares Russell Mid-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWR#NYSE">IWR</a>).
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41016169/boeing-should-pick-up-aircraft-production-soon-after-strike-end-analyst-says">Boeing Should Pick Up Aircraft Production Soon After Strike End, Analyst Says</a></li>
</ul>
Photo: Shutterstock

Longshoremen Strike Looms, Standoff Could Cost $1B A Day, Leave Thanksgiving Prep In A Pinch

RBC analyst Brad Erickson maintained an Outperform rating on Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) with a <a target="_blank" href="https://www.benzinga.com/quote/PINS/analyst-ratings" rel="noreferrer noopener">price target of $52</a>.
As per Erickson, Pinterest is a solid social media property, perfect for inspiration and discovery within a somewhat narrow set of topics and product categories. The changes the company is making, such as direct links and the Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) 3p partnership, could drive ad relevance and conversion higher, hence advertiser ROAS despite higher ad load, per the analyst.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/07/39861575/pinterest-shares-climb-despite-grizzly-research-short-report" rel="noreferrer noopener">Pinterest Shares Climb Despite Grizzly Research Short Report</a>
Erickson&#8217;s latest look at Pinterest ad load &amp; traffic offers a mixed read into the print.
Positively, general ad commentary remains relatively strong, in line with the analyst&#8217;s recent Small and Midsize Business (SMB) ad checks and Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google search results, and Amazon ad load still appears strong and improving in secondary categories.
Less positively, YouTube&#8217;s APAC comments could indicate modest headwinds for Pinterest upticking, particularly in the third quarter. Amazon 3p ad load on primary categories declined somewhat p/p, and mobile &amp; desktop user data looks mixed, Ericson noted.
In the bigger picture, the analyst remains constructive about Pinterest&#8217;s structural value creation from the long overdue platform monetization improvement.
Pinterest deserves a premium to the group, given that the company has historically under-monetized its platform, which new management is addressing. Erickson said it is growing and ramping margins more quickly relative to the overall space. The target is attributable to confidence in the 3p ad partnership ramping, higher ad load not negatively impacting engagement, and direct links and better relevance driving ROAS higher. To the degree that the company can reaccelerate MAUs in the U.S., there is likely an upside to the analyst&#8217;s valuation.
Erickson projected second-quarter revenue and adjusted EBITDA of $848.5 million and $182.1 million.
Pinterest stock gained 30% in the last 12 months. Investors can gain exposure to the stock through Vanguard Extended Market ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VXF#NYSE">VXF</a>) and iShares Russell Mid-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWR#NYSE">IWR</a>).
Price Action: PINS shares traded higher by 0.83% at $37.86 at last check Monday.
Photo via Shutterstock

Analyst Color

Price Target

Reiteration

Analyst Ratings

Trading Ideas

AMZN

GOOGL

PINS

Pinterest's Monetization Strategy Gains Traction: Analyst Predicts Solid Growth and Improved Ad Relevance

Artificial server company Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares are trading lower Wednesday following the US <a href="https://www.benzinga.com/government/24/07/39816230/whats-going-on-with-nvidia-amd-and-semiconductor-peer-stocks-on-wednesday">intensifying semiconductor sanctions</a> against China and Presidential candidate Donald Trump&#8216;s criticism of key contract chipmaker Taiwan Semiconductor Manufacturing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>).
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17093406/newplot-38.png" alt="" class="wp-image-440806" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17093406/newplot-38.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17093406/newplot-38-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
The Biden administration is considering implementing the Foreign Direct Product Rule (FDPR), which permits controls on foreign-made products using even minimal amounts of American technology. Additionally, the US may impose further sanctions on specific Chinese chip companies.
Furthermore, Trump&#8217;s recent comments stirred concerns in the semiconductor sector. Trump suggested that Taiwan Semiconductor, a key supplier for Nvidia, should compensate the U.S. for its defense.
Super Micro Computer is a crucial Nvidia supplier. In an interview with CNBC&#8217;s Jim Cramer on Monday, CEO Charles Liang <a target="_blank" href="https://www.benzinga.com/news/24/07/39793164/whats-going-on-with-taiwan-semiconductor-stock-tuesday" rel="noreferrer noopener">expressed optimism about</a> the AI server company&#8217;s growth trajectory, stating, &#8220;This AI revolution can be bigger even than the industrial revolution.&#8221;
Super Micro Computer stock has gained over 190% in the last 12 months. Investors can gain exposure to the stock through Vanguard Mid-Cap Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOT#NYSE">VOT</a>) and iShares Russell Mid-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWR#NYSE">IWR</a>).
Price Action: SMCI shares were down 4.00% at $841.26 at the last check Wednesday.
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/real-estate/reit/24/07/39816656/fed-rate-cut-expectations-drop-mortgage-rates-to-4-month-lows-surge-in-new-applications-refinanc">Fed Rate Cut Expectations Drop Mortgage Rates To 4-Month Lows: Surge In New Applications, Refinance Demand</a></li>
</ul>
Image: Shutterstock

Government

Regulations

Tech

SMCI

Nvidia Supplier Super Micro Computer Stock Is Down Wednesday, What's Going On?

If you&#39;re interested in broad exposure to the Mid Cap Blend segment of the US equity market, look no further than the Vanguard Mid-Cap ETF (ARCA:VO), a passively managed exchange traded fund launched on 01/26/2004.
The fund is sponsored by Vanguard. It has amassed assets over $63.11 billion, making it one of the largest ETFs attempting to match the Mid Cap Blend segment of the US equity market.
Why Mid Cap Blend
Mid cap companies, with market capitalization in the range of $2 billion and $10 billion, offer investors many things that small and large companies don&#39;t, including less risk and higher growth opportunities. Thus, companies that fall under this category provide a stable and growth-heavy investment.
Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments.
Costs
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&#39;s expense ratio.
Annual operating expenses for this ETF are 0.04%, making it one of the least expensive products in the space.
It has a 12-month trailing dividend yield of 1.52%.
Sector Exposure and Top Holdings
Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Industrials sector--about 18% of the portfolio. Information Technology and Financials round out the top three.
Looking at individual holdings, Amphenol Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aph#NYSE">APH</a>) accounts for about 0.85% of total assets, followed by Arthur J Gallagher &amp; Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ajg#NYSE">AJG</a>) and Motorola Solutions Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/msi#NYSE">MSI</a>).
The top 10 holdings account for about 5.62% of total assets under management.
Performance and Risk
VO seeks to match the performance of the CRSP US Mid Cap Index before fees and expenses. The CRSP US Mid Cap Index targets inclusion of the U.S. companies that fall between the top 70%-85% of investable market capitalization.
The ETF has added roughly 6.10% so far this year and is up about 24.20% in the last one year (as of 03/25/2024). In the past 52-week period, it has traded between $195.66 and $247.32.
The ETF has a beta of 1.08 and standard deviation of 18.78% for the trailing three-year period, making it a medium risk choice in the space. With about 338 holdings, it effectively diversifies company-specific risk.
Alternatives
Vanguard Mid-Cap ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VO is an excellent option for investors seeking exposure to the Style Box - Mid Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well.
The iShares Russell Mid-Cap ETF (ARCA:IWR) and the iShares Core S&amp;P Mid-Cap ETF (ARCA:IJH) track a similar index. While iShares Russell Mid-Cap ETF has $32.61 billion in assets, iShares Core S&amp;P Mid-Cap ETF has $83.50 billion. IWR has an expense ratio of 0.19% and IJH charges 0.05%.
Bottom-Line
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.
<a href="https://www.zacks.com/stock/news/2245283/should-vanguard-mid-cap-etf-vo-be-on-your-investing-radar?cid=CS-BENZ-FT-style_box_etf-2245283">To read this article on Zacks.com click here.</a>

Mid Cap

Markets

ETFs

Should Vanguard Mid-Cap ETF (VO) Be on Your Investing Radar?

The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.
Takeaways From 13F Season: Investors who follow particular fund managers can easily look up what each was buying and selling in the quarter, but other investors may be more interested in overall themes from 13F filings. The second quarter of 2021 was another big quarter for the S&amp;P 500, and investors were likely interested in what top managers were buying and selling heading into the second half of 2021.
<ul>
<li>Google parent Alphabet has the attention of fund managers, with Tepper selling and Soros buying.</li>
<li>Alibaba had a brutal quarter in part due to a regulatory crackdown on big tech stocks in China, and fund managers took notice. Tepper was selling while Cooperman was buying the dip.</li>
<li>Buffett continued accumulating Kroger shares while selling off health care investments.</li>
<li>Several fund managers traded ETFs to play particular themes. Despite a booming U.S. Market, Cooperman invested in developed markets outside of the U.S. &amp; Canada by buying the EFA ETF, while Smith made big bets on small and mid-cap stocks by buying the IWR and IWM funds.</li>
</ul>
Here&rsquo;s a rundown of how the smart money was playing some of the most popular stocks last quarter.
Related Link: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/21/08/22516775/the-case-for-a-stock-market-bubble-speculation-pervading-society">The Case For A Stock Market Bubble: &#39;Speculation Pervading Society&#39;</a> 
David Einhorn&rsquo;s Greenlight Capital
Notable Q2 Buys/Increases:
<ul>
<li>GoPro Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gpro#NASDAQ">GPRO</a>)</li>
<li>Teck Resources Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/teck#NYSE">TECK</a>)</li>
<li>ODP Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/odp#NASDAQ">ODP</a>)</li>
<li>SPDR S&amp;P 500 ETF Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>)</li>
<li>Expedia Group Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/expe#NASDAQ">EXPE</a>)</li>
</ul>
Notable Q2 Sells/Reductions:
<ul>
<li>ADT Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/adt#NYSE">ADT</a>)</li>
<li>APi Group Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/apg#NYSE">APG</a>)</li>
<li>CNX Resources Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cnx#NYSE">CNX</a>)</li>
</ul>
David Tepper&rsquo;s Appaloosa Management
Notable Q2 Buys/Increases:
<ul>
<li>Uber Technologies Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uber#NYSE">UBER</a>)</li>
</ul>
Notable Q2 Sells/Reductions:
<ul>
<li>T-Mobile Us Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tmus#NASDAQ">TMUS</a>)</li>
<li>Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>)</li>
<li>Alibaba Group Holding Ltd - ADR (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>)</li>
<li>Facebook, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fb#NASDAQ">FB</a>)</li>
<li>Microsoft Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>)</li>
<li>Twitter Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twtr#NYSE">TWTR</a>)</li>
<li>Alphabet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>)</li>
<li>Netflix Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>)</li>
<li>Walt Disney Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>)</li>
</ul>
Leon Cooperman&rsquo;s Omega Advisors
Notable Q2 Buys/Increases:
<ul>
<li>Lithia Motors Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lad#NYSE">LAD</a>)</li>
<li>Finance of America Companies Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/foa#NYSE">FOA</a>)</li>
<li>Alibaba Group Holding Ltd - ADR (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>)</li>
<li>Bausch Health Companies Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bhc#NYSE">BHC</a>)</li>
<li><a href="https://www.benzinga.com/money/vanguard-review/">Vanguard</a> 500 Index Fund ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/voo#NYSE">VOO</a>)</li>
<li>iShares MSCI EAFE ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/efa#NYSE">EFA</a>)</li>
</ul>
Notable Q2 Sells/Reductions:
<ul>
<li>Ferro Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/foe#NYSE">FOE</a>)</li>
<li>Comcast Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmcsa#NASDAQ">CMCSA</a>)</li>
</ul>
Barry Rosenstein&rsquo;s Jana Partners
Notable Q2 Buys/Increases:
<ul>
<li>Encompass Health Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ehc#NYSE">EHC</a>)</li>
<li>Vonage Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vg#NASDAQ">VG</a>)</li>
<li>SPDR S&amp;P 500 ETF Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>)</li>
<li>CyrusOne Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cone#NASDAQ">CONE</a>)</li>
<li>Cornerstone OnDemand, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/csod#NASDAQ">CSOD</a>)</li>
</ul>
Notable Q2 Sells/Reductions:
<ul>
<li>Conagra Brands Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cag#NYSE">CAG</a>)</li>
<li>TreeHouse Foods Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ths#NYSE">THS</a>)</li>
<li>Laboratory Corp. of America Holdings (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lh#NYSE">LH</a>)</li>
</ul>
Jeff Smith&rsquo;s Starboard Value
Notable Q2 Buys/Increases:
<ul>
<li>Papa John&#39;s Int&#39;l, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pzza#NASDAQ">PZZA</a>)</li>
<li>ON Semiconductor Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/on#NASDAQ">ON</a>)</li>
<li>iShares Russell 2000 ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iwm#NYSE">IWM</a>)</li>
<li>iShares Russell Mid-Cap ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iwr#NYSE">IWR</a>)</li>
</ul>
Notable Q2 Sells/Reductions:
<ul>
<li>Aecom (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acm#NYSE">ACM</a>)</li>
<li>NortonLifeLock Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nlok#NASDAQ">NLOK</a>)</li>
<li>Corteva Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ctva#NYSE">CTVA</a>)</li>
<li>CommVault Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cvlt#NASDAQ">CVLT</a>)</li>
</ul>
Warren Buffett&rsquo;s Berkshire Hathaway
Notable Q2 Buys/Increases:
<ul>
<li>Kroger Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kr#NYSE">KR</a>)</li>
<li>Organon &amp; Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ogn#NYSE">OGN</a>)</li>
<li>Notable Q2 Sells/Reductions:</li>
<li>Merck &amp; Co., Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mrk#NYSE">MRK</a>)</li>
<li>General Motors Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gm#NYSE">GM</a>)</li>
<li>Axalta Coating Systems Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/axta#NYSE">AXTA</a>)</li>
<li>AbbVie Inc (NYSE:&nbsp;ABBV)</li>
<li>Chevron Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvx#NYSE">CVX</a>)</li>
<li>Bristol-Myers Squibb Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmy#NYSE">BMY</a>)</li>
<li>Biogen Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/biib#NASDAQ">BIIB</a>)</li>
</ul>
George Soros&rsquo; Soros Fund Management
Notable Q2 Buys/Increases:
<ul>
<li>Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>)</li>
<li>Walt Disney Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>)</li>
<li>Airbnb Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/abnb#NASDAQ">ABNB</a>)</li>
<li>MGM Resorts International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mgm#NYSE">MGM</a>)</li>
<li>Alphabet Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>)</li>
</ul>
Notable Q2 Sells/Reductions:
<ul>
<li>ViacomCBS Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/viac#NASDAQ">VIAC</a>)</li>
<li>iShares iBoxx $ Inv Grade Corporate Bond ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lqd#NYSE">LQD</a>)</li>
<li>T-Mobile Us Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tmus#NASDAQ">TMUS</a>)</li>
<li>Nike Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nke#NYSE">NKE</a>)</li>
<li>General Motors Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gm#NYSE">GM</a>)</li>
</ul>
Carl Icahn&rsquo;s Icahn Capital
Notable Q2 Buys/Increases:
<ul>
<li>Icahn Enterprises LP (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iep#NASDAQ">IEP</a>)</li>
<li>Xerox Holdings Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xrx#NYSE">XRX</a>)</li>
<li>Notable Q2 Sells/Reductions:</li>
<li>Herbalife Nutrition Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hlf#NYSE">HLF</a>)</li>
<li>Occidental Petroleum Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oxy#NYSE">OXY</a>)</li>
<li>Tenneco Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ten#NYSE">TEN</a>)</li>
<li>Delek US Holdings Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dk#NYSE">DK</a>)</li>
<li>Welbilt Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wbt#NYSE">WBT</a>)</li>
</ul>
Bill Ackman&rsquo;s Pershing Square Capital
Notable Q2 Buys/Increases:
<ul>
<li>Domino&#39;s Pizza, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dpz#NYSE">DPZ</a>)</li>
</ul>
Notable Q2 Sells/Reductions:
<ul>
<li>Restaurant Brands International Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qsr#NYSE">QSR</a>)</li>
<li>Lowe&rsquo;s Companies Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/low#NYSE">LOW</a>)</li>
<li>Agilent Technologies Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/a#NYSE">A</a>)</li>
<li>Hilton Hotels Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hlt#NYSE">HLT</a>)</li>
</ul>
Seth Klarman&rsquo;s Baupost Group
Notable Q2 Buys/Increases:
<ul>
<li>Shaw Communications Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sjr#NYSE">SJR</a>)</li>
<li>Micron Technology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mu#NASDAQ">MU</a>)</li>
<li>Facebook, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fb#NASDAQ">FB</a>)</li>
</ul>
Notable Q2 Sells/Reductions:
<ul>
<li>eBay Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ebay#NASDAQ">EBAY</a>)</li>
<li>Fox Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/foxa#NASDAQ">FOXA</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fox#NASDAQ">FOX</a>)</li>
<li>Intel Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>)</li>
<li>Healthpeak Properties Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/peak#NYSE">PEAK</a>)</li>
</ul>

Hedge Funds

Small Cap

General

ABNB

AXTA

BABA

BIIB

CMCSA

CONE

CSOD

CTVA

CVLT

EBAY

EXPE

FOXA

GOOG

GPRO

INTC

Laboratory Corporation Of America Holdings

MSFT

NFLX

NLOK

PEAK

PZZA

TECK

TMUS

TWTR

UBER

VIAC

Q2 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

Shares of iShares Russell Mid-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWR#NYSE">IWR</a>) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved down to $80.71. 
<ul>
<li>Sentiment: BEARISH</li>
<li>Option Type: TRADE</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2021-11-19</li>
<li>Strike Price: $75.00</li>
<li>Volume: 1000</li>
<li>Open Interest: 0</li>
</ul>
<h2>Three Signs Of Unusual Options Activity</h2>
Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity. Volume refers to the total number of contracts traded over a given time period when discussing options market activity. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
Another sign of unusual activity is the trading of a contract with an expiration date in the distant future. Usually, additional time until a contract expires allows more opportunity for it to reach its strike price and grow its time value. Time value is important to consider because it represents the difference between the strike price and the value of the underlying asset. 
Contracts with a strike price far from the underlying price are also considered unusual because they are defined as being "out of the money". This occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made because the underlying asset value is expected to change dramatically in the future, and the buyer or seller can take advantage of a greater profit margin. 
<h2>Understanding Sentiment</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Trading Options With These Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Understanding iShares Russell Mid-Cap ETF's Unusual Options Activity

The latest round of <a href="https://www.benzinga.com/general/education/16/07/8248359/terms-of-the-trade-13f-filings">13F filings</a> from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.
<h3>Takeaways From 13F Season</h3>
Investors who follow particular fund managers can easily look up what each was buying and selling in the quarter, but other investors may be more interested in overall themes from 13F filings. The first quarter of 2020 was the worst first quarter in the history of the S&amp;P 500, so investors were particularly interested in how top investors played the dip.
<ul>
<li>Fund managers were dumping FANG stocks in the first quarter with a handful of exceptions. Tepper bought Netflix and Cooperman bought Facebook</li>
<li>Alphabet was one stock several fund managers were selling in the quarter. Tepper, Cooperman and Soros all reduced their holdings.</li>
<li>Einhorn and Ackman both bought Berkshire, while Buffett himself was buying PNC Financial and little else.</li>
<li>Bank stocks were popular among fund managers in the first quarter after the Federal Reserve cut interest rates to 0%. Einhorn bought Goldman Sachs, Cooperman bought JPMorgan and sold Citigroup and Wells Fargo, Buffett sold Goldman Sachs, and Soros sold Bank of America, Citigroup, JPMorgan and Wells Fargo.</li>
<li>Several fund managers traded ETFs to play particular themes. Rosenstein and Smith sold the SPY ETF, while Soros bought municipal bond and investment-grade corporate bond ETFs.</li>
</ul>
Here&rsquo;s a rundown of how the smart money was playing some of the most popular stocks last quarter.
See Also: <a href="https://www.benzinga.com/news/20/05/15940613/i-was-wrong-warren-buffetts-berkshire-hathaway-sold-6b-of-airline-stock-in-april">&#39;I Was Wrong&#39;: Warren Buffett&#39;s Berkshire Hathaway Sold $6B Of Airline Stock In April</a>
<h3>David Einhorn&rsquo;s Greenlight Capital</h3>
Notable Q1 Buys/Increases:
<ul>
<li>Change Healthcare Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chng#NASDAQ">CHNG</a>)</li>
<li>Crown Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cck#NYSE">CCK</a>)</li>
<li>Centene Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cnc#NYSE">CNC</a>)</li>
<li>Altria Group Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mo#NYSE">MO</a>)</li>
<li>American Express Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/axp#NYSE">AXP</a>)</li>
<li>Goldman Sachs Group Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gs#NYSE">GS</a>)</li>
<li>Berkshire Hathaway Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brk-b#NYSE">BRK-B</a>)</li>
<li>Walt Disney Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>)</li>
</ul>
Notable Q1 Sells/Reductions:
<ul>
<li>General Motors Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gm#NYSE">GM</a>)</li>
<li>DXC Technology Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dxc#NYSE">DXC</a>)</li>
<li>Scientific Games Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sgms#NASDAQ">SGMS</a>)</li>
<li>Echostar Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sats#NASDAQ">SATS</a>)</li>
</ul>
<h3>David Tepper&rsquo;s Appaloosa Management</h3>
Notable Q1 Buys/Increases:
<ul>
<li>Twitter Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twtr#NYSE">TWTR</a>)</li>
<li>Netflix Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>)</li>
<li>QUALCOMM, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qcom#NASDAQ">QCOM</a>)</li>
<li>Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>)</li>
<li>Microsoft Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>)</li>
</ul>
Notable Q1 Sells/Reductions:
<ul>
<li>Alphabet Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>)</li>
<li>Facebook, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fb#NASDAQ">FB</a>)</li>
<li>Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>)</li>
<li>PG&amp;E Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pcg#NYSE">PCG</a>)</li>
<li>Alibaba Group Holding Ltd - ADR (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>)</li>
</ul>
<h3>Leon Cooperman&rsquo;s Omega Advisors</h3>
Notable Q1 Buys/Increases:
<ul>
<li>JPMorgan Chase &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>)</li>
<li>AMC Entertainment Holdings Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>)</li>
<li>Facebook</li>
</ul>
Notable Q1 Sells/Reductions:
<ul>
<li>Fiserv Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fisv#NASDAQ">FISV</a>)</li>
<li>United Airlines Holdings Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ual#NASDAQ">UAL</a>)</li>
<li>Alphabet Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>)</li>
<li>Carnival Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccl#NYSE">CCL</a>)</li>
<li>Citigroup Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/c#NYSE">C</a>)</li>
<li>Wells Fargo &amp; Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wfc#NYSE">WFC</a>)</li>
</ul>
<h3>Barry Rosenstein&rsquo;s Jana Partners</h3>
Notable Q1 Buys/Increases:
<ul>
<li>Jack in the Box Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jack#NASDAQ">JACK</a>)</li>
<li>Bloomin&#39; Brands Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blmn#NASDAQ">BLMN</a>)</li>
</ul>
Notable Q1 Sells/Reductions:
<ul>
<li>Conagra Brands Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cag#NYSE">CAG</a>)</li>
<li>Callaway Golf Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ely#NYSE">ELY</a>)</li>
<li>SPDR S&amp;P 500 ETF Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>)</li>
</ul>
<h3>Jeff Smith&rsquo;s Starboard Value</h3>
Notable Q1 Buys/Increases:
<ul>
<li>Box Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/box#NYSE">BOX</a>)</li>
<li>eBay Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ebay#NASDAQ">EBAY</a>)</li>
</ul>
Notable Q1 Sells/Reductions:
<ul>
<li>SPDR S&amp;P 500 ETF Trust</li>
<li>iShares Russell Midcap Index Fund (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iwr#NYSE">IWR</a>)</li>
<li>MGM Resorts International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mgm#NYSE">MGM</a>)</li>
</ul>
<h3>Warren Buffett&rsquo;s Berkshire Hathaway</h3>
Notable Q1 Buys/Increases:
<ul>
<li>PNC Financial Services Group Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pnc#NYSE">PNC</a>)</li>
</ul>
Notable Q1 Sells/Reductions:
<ul>
<li>Goldman Sachs Group Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gs#NYSE">GS</a>)</li>
<li>JPMorgan Chase &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>)</li>
<li>Phillips 66 (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/psx#NYSE">PSX</a>)</li>
<li>Amazon.com</li>
<li>General Motors Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gm#NYSE">GM</a>)</li>
</ul>
<h3>George Soros&rsquo; Soros Fund Management</h3>
Notable Q1 Buys/Increases:
<ul>
<li>Peloton Interactive Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pton#NASDAQ">PTON</a>)</li>
<li>Utilities SPDR (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xlu#NYSE">XLU</a>)</li>
<li>ISHARES TR/NATL MUN BD ETF FD (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mub#NYSE">MUB</a>)</li>
<li>iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lqd#NYSE">LQD</a>)</li>
<li>Activision Blizzard, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atvi#NASDAQ">ATVI</a>)</li>
<li>E*TRADE Financial Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/etfc#NASDAQ">ETFC</a>)</li>
</ul>
Notable Q1 Sells/Reductions:
<ul>
<li>MONDELEZ INTERNATIONAL INC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mdlz#NASDAQ">MDLZ</a>)</li>
<li>Alphabet Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>)</li>
<li>Keurig Dr Pepper Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kdp#NYSE">KDP</a>)</li>
<li>JPMorgan Chase &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>)</li>
<li>Citigroup Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/c#NYSE">C</a>)</li>
<li>Bank of America Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bac#NYSE">BAC</a>)</li>
<li>Wells Fargo &amp; Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wfc#NYSE">WFC</a>)</li>
<li>Boeing Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>)</li>
</ul>
<h3>Carl Icahn&rsquo;s Icahn Capital</h3>
Notable Q1 Buys/Increases:
<ul>
<li>Occidental Petroleum Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oxy#NYSE">OXY</a>)</li>
<li>Delek US Holdings Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dk#NYSE">DK</a>)</li>
<li>Hertz Global Holdings Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/htz#NYSE">HTZ</a>)</li>
<li>Newell Brands Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwl#NASDAQ">NWL</a>)</li>
<li>Cheniere Energy, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lng#NYSE">LNG</a>)</li>
<li>Welbilt Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wbt#NYSE">WBT</a>)</li>
</ul>
Notable Q1 Sells/Reductions: 
(none)
<h3>Bill Ackman&rsquo;s Pershing Square Capital</h3>
Notable Q1 Buys/Increases:
<ul>
<li>Agilent Technologies Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/a#NYSE">A</a>)</li>
<li>Howard Hughes Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hhc#NYSE">HHC</a>)</li>
<li>Lowe&#39;s Companies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/low#NYSE">LOW</a>)</li>
<li>Starbucks Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sbux#NASDAQ">SBUX</a>)</li>
<li>Berkshire Hathaway Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brk-b#NYSE">BRK-B</a>)</li>
<li>Hilton Hotels Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hlt#NYSE">HLT</a>)</li>
<li>Blackstone Group Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bx#NYSE">BX</a>)</li>
<li>Park Hotels &amp; Resorts Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pk#NYSE">PK</a>)</li>
</ul>
Notable Q1 Sells/Reductions:
<ul>
<li>Chipotle Mexican Grill, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cmg#NYSE">CMG</a>)</li>
</ul>
See Also: <a href="https://www.benzinga.com/general/education/20/05/15979110/how-bill-ackman-successfully-navigated-coronavirus-market-volatility">How Bill Ackman Successfully Navigated Coronavirus Market Volatility </a>
<h3>John Paulson&rsquo;s Paulson &amp; Co.</h3>
Notable Q1 Buys/Increases:
<ul>
<li>Tiffany &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tif#NYSE">TIF</a>)</li>
<li>Kirkland Lake Gold Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kl#NYSE">KL</a>)</li>
<li>NovaGold Resources Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ng#NYSE">NG</a>)</li>
</ul>
Notable Q1 Sells/Reductions:
<ul>
<li>SPDR Gold Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gld#NYSE">GLD</a>)</li>
<li>Discovery Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/disck#NASDAQ">DISCK</a>)</li>
<li>Agnico Eagle Mines Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aem#NYSE">AEM</a>)</li>
<li>Caesars Entertainment Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/czr#NASDAQ">CZR</a>)</li>
</ul>

ATVI

BLMN

BRK-B

CHNG

DISCK

ETFC

FISV

JACK

MDLZ

iShares S&P National AMT-Free Municipal Bond Fund

PTON

QCOM

SATS

SBUX

SGMS

TSLA

Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.
<h3>Takeaways From 13F Season</h3>
Investors who follow particular fund managers can easily look up what each was buying and selling in the quarter, but other investors may be more interested in overall themes from 13F filings. Each quarter, <a href="https://whalewisdom.com/report/heat_map">WhaleWisdom</a> tracks the stocks that were most bought and sold during the quarter, so here are some of the most popular stocks in the fourth quarter.
<ul>
<li>Walt Disney Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) was the hottest stock in the quarter, with 12 funds increasing their stakes and six funds selling.</li>
<li>Paypal Holdings Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pypl#NASDAQ">PYPL</a>) was another top stock pick among fund managers, with the number of buyers outnumbering the number of sellers four-to-one.</li>
<li>Alphabet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) was the most popular FANG stock in the quarter, but David Tepper was among the Alphabet sellers.</li>
<li>Several fund managers made major adjustments to their ETF positions, including Tepper selling the XOP ETF. Smith and Buffett bought the SPY, while Soros sold it.</li>
<li>Tech stocks remained popular among fund managers, but they were mostly selling Facebook, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fb#NASDAQ">FB</a>) in the fourth quarter.</li>
</ul>
Here&rsquo;s a rundown of how the smart money was playing some of the most popular stocks last quarter.
<h3>David Einhorn&rsquo;s Greenlight Capital</h3>
Notable Q4 Buys/Increases:
<ul>
<li>DXC Technology Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dxc#NYSE">DXC</a>)</li>
<li>Chemours Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cc#NYSE">CC</a>)</li>
</ul>
Notable Q4 Sells/Reductions:
<ul>
<li>Altice USA Inc (NYSE: ATUS)</li>
<li>The Medicines Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mdco#NASDAQ">MDCO</a>)</li>
<li>Dillard&#39;s, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dds#NYSE">DDS</a>)</li>
<li>Voya Financial Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/voya#NYSE">VOYA</a>)</li>
<li>Tempur Sealy International Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tpx#NYSE">TPX</a>)</li>
<li>AerCap Holdings N.V. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aer#NYSE">AER</a>)</li>
</ul>
<h3>David Tepper&rsquo;s Appaloosa Management</h3>
Notable Q4 Buys/Increases:
<ul>
<li>Alibaba Group Holding Ltd - ADR (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>)</li>
<li>Micron Technology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mu#NASDAQ">MU</a>)</li>
<li>Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>)</li>
<li>Intelsat SA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/i#NYSE">I</a>)</li>
</ul>
Notable Q4 Sells/Reductions:
<ul>
<li>SPDR S&amp;P Oil &amp; Gas Explore &amp; Prod. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xop#NYSE">XOP</a>)</li>
<li>Boeing Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>)</li>
<li>PG&amp;E Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pcg#NYSE">PCG</a>)</li>
<li>Alphabet Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>)</li>
</ul>
<h3>Leon Cooperman&rsquo;s Omega Advisors</h3>
Notable Q4 Buys/Increases:
<ul>
<li>DuPont de Nemours, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dd#NYSE">DD</a>)</li>
<li>Energy Transfer LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/et#NYSE">ET</a>)</li>
<li>Ferro Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/foe#NYSE">FOE</a>)</li>
<li>Workday Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wday#NASDAQ">WDAY</a>)</li>
<li>Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>)</li>
</ul>
Notable Q4 Sells/Decreases:
<ul>
<li>Twin River Worldwide Holdings Inc (NYSE: TRWH)</li>
<li>CHIMERA INVT CO (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cim#NYSE">CIM</a>)</li>
<li>Marathon Petroleum Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mpc#NYSE">MPC</a>)</li>
</ul>
<h3>Barry Rosenstein&rsquo;s Jana Partners</h3>
Notable Q4 Buys/Increases:
<ul>
<li>Wright Medical Group NV (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wmgi#NASDAQ">WMGI</a>)</li>
</ul>
Notable Q4 Sells/Reductions:
<ul>
<li>Callaway Golf Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ely#NYSE">ELY</a>)</li>
<li>Bloomin&#39; Brands Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blmn#NASDAQ">BLMN</a>)</li>
<li>Axalta Coating Systems Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/axta#NYSE">AXTA</a>)</li>
<li>Zimmer Biomet Holdings Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/zbh#NYSE">ZBH</a>)</li>
<li>
<h3>Jeff Smith&rsquo;s Starboard Value</h3>
</li>
</ul>
Notable Q4 Buys/Increases:
<ul>
<li>SPDR S&amp;P 500 ETF Trust (NYSE: SPY)</li>
<li>NortonLifeLock Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nlok#NASDAQ">NLOK</a>)</li>
<li>Medtronic PLC (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mdt#NYSE">MDT</a>)</li>
<li>eBay Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ebay#NASDAQ">EBAY</a>)</li>
<li>Aecom (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acm#NYSE">ACM</a>)</li>
<li>Cerner Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cern#NASDAQ">CERN</a>)</li>
</ul>
Notable Q4 Sells/Reductions:
<ul>
<li>Perrigo Company PLC (NYSE: PRGO)</li>
<li>RPM International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>)</li>
<li>iShares Russell 2000 Value Index (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iwn#NYSE">IWN</a>)</li>
<li>MGM Resorts International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mgm#NYSE">MGM</a>)</li>
<li>iShares Russell Midcap Index Fund (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iwr#NYSE">IWR</a>)</li>
</ul>
<h3>Warren Buffett&rsquo;s Berkshire Hathaway</h3>
Notable Q4 Buys/Increases:
<ul>
<li>Kroger Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kr#NYSE">KR</a>)</li>
<li>Biogen Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/biib#NASDAQ">BIIB</a>)</li>
<li>SPDR S&amp;P 500 ETF Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>)</li>
<li>VANGUARD IX FUN/S&amp;P 500 ETF SHS NEW (NYSEARCA: VOO)</li>
<li>General Motors Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gm#NYSE">GM</a>)</li>
</ul>
Notable Q4 Sells/Reductions:
<ul>
<li>Wells Fargo &amp; Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wfc#NYSE">WFC</a>)</li>
<li>Goldman Sachs Group Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gs#NYSE">GS</a>)</li>
<li>Apple Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>)</li>
</ul>
<h3>George Soros&rsquo; Soros Fund Management</h3>
Notable Q4 Buys/Increases:
<ul>
<li>Activision Blizzard, Inc. (NASDAQ: ATVI)</li>
<li>Tiffany &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tif#NYSE">TIF</a>)</li>
<li>Campbell Soup Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cpb#NYSE">CPB</a>)</li>
<li>Boeing Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>)</li>
</ul>
Notable Q4 Sells/Reductions:
<ul>
<li>eBay Inc (NASDAQ: EBAY)</li>
<li>Peloton Interactive Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pton#NASDAQ">PTON</a>)</li>
<li>Financial Select Sector SPDR Fund (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xlf#NYSE">XLF</a>)</li>
<li>SPDR S&amp;P 500 ETF Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>)</li>
</ul>
<h3>Carl Icahn&rsquo;s Icahn Capital</h3>
Notable Q4 Buys/Increases:
<ul>
<li>Icahn Enterprises LP Common Stock (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iep#NASDAQ">IEP</a>)</li>
<li>Hertz Global Holdings Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/htz#NYSE">HTZ</a>)</li>
</ul>
Notable Q4 Sells/Reductions:
<ul>
<li>Occidental Petroleum Corporation (NYSE: OXY)</li>
<li>Freeport-McMoRan Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fcx#NYSE">FCX</a>)</li>
<li>
<h3>Bill Ackman&rsquo;s Pershing Square Capital</h3>
</li>
</ul>
Notable Q4 Buys/Increases:
<ul>
<li>Howard Hughes Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hhc#NYSE">HHC</a>)</li>
<li>Agilent Technologies Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/a#NYSE">A</a>)</li>
</ul>
Notable Q4 Sells/Reductions:
<ul>
<li>Starbucks Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sbux#NASDAQ">SBUX</a>)</li>
</ul>
<h3>John Paulson&rsquo;s Paulson &amp; Co.</h3>
Notable Q4 Buys/Increases:
<ul>
<li>ViacomCBS Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/viac#NASDAQ">VIAC</a>)</li>
<li>Pretium Resources Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pvg#NYSE">PVG</a>)</li>
<li>Tech Data Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tecd#NASDAQ">TECD</a>)</li>
<li>Tiffany &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tif#NYSE">TIF</a>)</li>
<li>Sprint Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/s#NYSE">S</a>)</li>
</ul>
Notable Q4 Sells/Decreases:
<ul>
<li>United Technologies Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/utx#NYSE">UTX</a>)</li>
<li>LYFT Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyft#NASDAQ">LYFT</a>)</li>
<li>PG&amp;E Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pcg#NYSE">PCG</a>)</li>
</ul>
Related Links:
<a href="https://www.benzinga.com/news/19/11/14821909/q3-13f-roundup-how-buffett-einhorn-ackman-and-others-adjusted-their-portfolios">Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios </a>
<a href="https://www.benzinga.com/general/education/18/08/12204520/what-is-the-buffett-indicator">What Is The Buffett Indicator?</a>

AAPL

CERN

LYFT

MDCO

PYPL

TECD

VOYA

WDAY

WMGI

Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

Stock Split

iShares Russell Mid-Cap ETF Board Has Approved For 4-for-1 Stock Split Effective Oct. 26

Depending on where one looks, performances for mid-cap exchange-traded funds this year range from solid to spectacular. The SPDR S&amp;P MidCap 400 ETF (NYSE: <a class="ticker" href="/stock/mdy#NYSE">MDY</a>) is solid with a year-to-date gain of 3.1 percent, although that trails the S&amp;P 500.
<h3>The Appeal Of Mid-Cap ETFs</h3>
The WisdomTree MidCap Dividend Fund (ETF) (NYSE: <a class="ticker" href="/stock/don#NYSE">DON</a>) qualifies as spectacular with a year-to-date of over 12 percent, or more than triple the returns offered by the S&amp;P 500. Despite those impressive performances, traders are not covering their short positions on mid-cap stocks nearly as rapidly as they are covering bearish bets on large caps.
&ldquo;Average short interest of the constituents of the iShares Russel Top 200 has declined by 25 percent from 1.7 percent to 1.3 percent as of latest count. Meanwhile average short interest of the relatively high constituents of the iShares Russel Mid Cap ETF (the next 800 largest companies by market cap) has declined by relatively less, falling 11 percent, from 4.6 percent to 4.1 percent,&rdquo; said Markit <a href="http://www.markit.com/Commentary/Get/15072016-Equities-Shorts-covering-continues-as-US-equities-surge">in a recent note</a>.
<bzrelatedlink>Related Link: <a href="http://www.benzinga.com/trading-ideas/long-ideas/16/07/8225469/value-is-working-here-too">Value Is Working Here, Too</a></bzrelatedlink>
The iShares ETF being referenced above is the $12.8 billion iShares Russell Midcap Index Fund (ETF) (NYSE: <a class="ticker" href="/stock/iwr#NYSE">IWR</a>). IWR is higher by 8.8 percent year-to-date.
<h3>Why So Shy?</h3>
&ldquo;Perhaps short sellers (on average) expect that large caps have more to run in order to &lsquo;catch up&rsquo; to the performance of midcaps or alternatively that the midcaps have scope to moderate lower,&rdquo; noted Markit.
Within the mid-cap universe, short sellers have targeted consumer discretionary and healthcare names. Those are IWR&#39;s second- and fifth-largest sectors, respectively, combining for over a quarter of the ETF&#39;s weight.
&ldquo;The &lsquo;most shorted&rsquo; stock across the midcaps currently is &lsquo;athleisure&rsquo; clothing retailer Under Armour Inc (NYSE: <a class="ticker" href="/stock/ua#NYSE">UA</a>) with 28.1 percent short interest which has surged higher by almost double since the beginning of April. Short interest has risen and shares have plummeted on <a href="http://www.reuters.com/article/us-underarmor-stock-idUSKCN0X82DD">slower growth concerns</a>,&rdquo; according to Markit.
Did you like this article? Could it have been improved? Please email <a href="mailto:feedback@benzinga.com">feedback@benzinga.com</a> with the story link to let us know!

Long Ideas

Broad U.S. Equity ETFs

Short Ideas

Shorts Still Clinging To Mid-Cap ETFs

Credit Suisse Data Shows US Mid Cap Total Flows Continue To Deteriorate, Posts Largest Monthly Outflow Since 2011

The S&amp;P Mid Cap 400 Index (INDEX: MID) hit a new all-time high last week to little fanfare, as attention has been placed on the NASDAQ reaching for the 5,000 level. Despite the lack of hoopla, the index has had a solid year, up 3.5 percent in 2015 and up a whopping 17 percent from the mid-October low.

	There are a number of ETFs that retail investors can put into a portfolio to take advantage of the often-overlooked asset class. As the amount of ETFs continues to grow, it is important to analyze the holdings, fees, volume, etc. of each potential mid-cap ETF. A few of the options are listed below.
<h3>
	iShares Russell Mid-Cap ETF</h3>

	The iShares Russell Midcap Index Fund (ETF) (NYSE: <a class="ticker" href="/stock/iwr#NYSE">IWR</a>) is made up of 842 mid-cap stocks across 11 sectors.

	The top holdings include:
<ul>
<li>
		Kroger Co (NYSE: <a class="ticker" href="/stock/kr#NYSE">KR</a>) at 0.54 percent</li>
<li>
		Cigna Corporation (NYSE: <a class="ticker" href="/stock/ci#NYSE">CI</a>) making up 0.49 percent</li>
<li>
		Avago Technologies Ltd (NASDAQ: <a class="ticker" href="/stock/avgo#NASDAQ">AVGO</a>) coming in at 0.48 percent</li>
</ul>

	IWR is up 10 percent over the last 12 month and up 5 percent over the last six months. The ETF has an expense ratio of 0.20 percent. The ETF is extremely diverse and will cover all areas of the mid-cap space.
<h3>
	Vanguard Mid-Cap ETF</h3>

	The Vanguard Mid-Cap ETF (NYSE: <a class="ticker" href="/stock/vo#NYSE">VO</a>) tracks 369 mid-cap companies across 11 sectors.

	The top individual holdings include:
<ul>
<li>
		Health Care REIT, Inc. (NYSE: <a class="ticker" href="/stock/hcn#NYSE">HCN</a>) at 0.8 percent</li>
<li>
		United Continental Holdings Inc (NYSE: <a class="ticker" href="/stock/ual#NYSE">UAL</a>) at 0.8 percent</li>
<li>
		AvalonBay Communities Inc (NYSE: <a class="ticker" href="/stock/avb#NYSE">AVB</a>) coming in at 0.7 percent</li>
</ul>

	VO is up 11 percent over the last 12 months and up 6 percent over the last six months. The ETF has an extremely low expense ratio of 0.09 percent. The ETF is similar to IWR with its diversity and low reliance on one position. The lower expense ratio is an attractive feature.
<h3>
	PowerShares Fundamental Pure Mid-Core Portfolio ETF</h3>

	The PowerShare Dynamic Mid Core Port. (ETF) (NYSE: <a class="ticker" href="/stock/pxmc#NYSE">PXMC</a>) consists of 156 mid-cap companies across 10 sectors.

	The top holdings include:
<ul>
<li>
		Becton, Dickinson and Co (NYSE: <a class="ticker" href="/stock/bdx#NYSE">BDX</a>) at 1.7 percent</li>
<li>
		Equity Residential (NYSE: <a class="ticker" href="/stock/eqr#NYSE">EQR</a>) making up 1.6 percent</li>
<li>
		Ameriprise Financial, Inc. (NYSE: <a class="ticker" href="/stock/amp#NYSE">AMP</a>) coming in at 1.6 percent</li>
</ul>

	Over the last 12 months, PXMC is up 12 percent and is up 5 percent over the last six months. The ETF has an expense ratio of 0.39 percent. The fact that PXMC weights its holdings based on fundamentals differentiates it from the first two ETFs, and the performance has been able to slightly outperform the last year.

	<bzrelatedlink>Related Link: <a href="http://www.benzinga.com/trading-ideas/15/02/5272043/top-4-mid-cap-stocks-in-the-gold-industry-with-the-highest-operating-mar">Top 4 Mid-Cap Stocks In The Gold Industry</a></bzrelatedlink>
<h3>
	PowerShares S&amp;P Mid-Cap Low Volatility ETF</h3>

	The PowerShares Exchange-Traded Fund Trust II (NYSE: <a class="ticker" href="/stock/xmlv#NYSE">XMLV</a>) provides exposure to 80 mid-cap companies across eight sectors.

	The top individual holdings include:
<ul>
<li>
		HCC Insurance Holdings, Inc. (NYSE: <a class="ticker" href="/stock/hcc#NYSE">HCC</a>) making up 1.6 percent</li>
<li>
		American Financial Group Inc (NYSE: <a class="ticker" href="/stock/afg#NYSE">AFG</a>) at 1.6 percent</li>
<li>
		Church &amp; Dwight Co., Inc. (NYSE: <a class="ticker" href="/stock/chd#NYSE">CHD</a>) coming in at 1.6 percent also</li>
</ul>

	The ETF is up 13 percent over the last 12 months and up 8 percent over the last six months. The ETF has an expense ratio of 0.25 percent. The 80 stocks that make up the portfolio have the lowest realized volatility over the last 12 months from the universe of S&amp;P Midcap 400 Index constituents. Ideally, the ETF should have less volatility versus the overall index.
<h3>
	WisdomTree Mid-Cap Dividend ETF</h3>

	The WisdomTree MidCap Dividend Fund (ETF) (NYSE: <a class="ticker" href="/stock/don#NYSE">DON</a>) is made up of 407 dividend-paying mid-cap companies across 10 sectors.

	The top holdings include:
<ul>
<li>
		Windstream Holdings, Inc. (NASDAQ: <a class="ticker" href="/stock/win#NASDAQ">WIN</a>) at 1.3 percent</li>
<li>
		Frontier Communications Corp (NASDAQ: <a class="ticker" href="/stock/ftr#NASDAQ">FTR</a>) totaling 1.2 percent</li>
<li>
		Coach Inc (NYSE: <a class="ticker" href="/stock/coh#NYSE">COH</a>) coming in at 1.1 percent</li>
</ul>

	DON is up 12 percent over the last 12 months and up 5 percent over the last six months. The ETF has an expense ratio of 0.38 percent. The portfolio is weighted based on dividends and rebalanced annually.

	Of the five mid-cap ETFs highlighted, there are several strategies depending on how the investor would like their portfolio weighted. This is one of the great aspects of the growing universe of ETFs.

PXMC

XMLV

Mid-Cap ETFs Quietly Performing

With such an abundance of investments options available today, it is easy to overlook certain securities and even an entire asset class. A majority of the buzz lately has been over large-cap stocks outperforming and small-cap stocks lagging. This leads to a large number of investors overlooking the players that fall in the middle: <a href="http://www.benzinga.com/topic/mid-cap">mid-cap stocks</a>.

	Stocks with a market capitalization between $2 and $10 billion fall into the mid-cap asset class. Despite being widely popular, the Vanguard Small-Cap Index Fund (NYSE: <a class="ticker" href="/stock/vb#NYSE">VB</a>) has underperformed its mid-cap peers by 7 percent year-to-date.

	Large-cap stocks are generally viewed as the safest option, as small-caps are considered to carry above-average risk. Mid-cap stocks typically fall in the middle range, with the potential of higher sales-growth than smaller companies can provide, while eliminating some of the risk associated with infancy stage companies.

	Some mid-cap ETFs to consider when looking to gain exposure to the asset class are listed below.

	<bzrelatedlink>Related Link: <a href="http://www.benzinga.com/trading-ideas/14/12/5059721/top-4-mid-cap-stocks-in-the-lodging-industry-with-the-highest-roi">Top 4 Mid-Cap Stocks In The Lodging Industry With The Highest ROI</a></bzrelatedlink>
<h3>
	Vanguard Mid-Cap</h3>

	The Vanguard Mid-Cap ETF (NYSE: <a class="ticker" href="/stock/vo#NYSE">VO</a>) follows 369 mid-cap companies, which are characterized by having a market cap of between $2 and $10 billion. The ETF is distributed across 10 industries, with <a href="http://www.benzinga.com/topic/financials">financials</a> and <a href="http://www.benzinga.com/topic/industrials">industrials</a> making up 34 percent of the portfolio.

	The top individual holdings include:
<ul>
<li>
		Vertex Pharmaceuticals Incorporated (NASDAQ: <a class="ticker" href="/stock/vrtx#NASDAQ">VRTX</a>) at 0.8 percent</li>
<li>
		Health Care REIT, Inc. (NYSE: <a class="ticker" href="/stock/hcn#NYSE">HCN</a>) making up 0.7 percent</li>
<li>
		Avago Technologies Ltd (NASDAQ: <a class="ticker" href="/stock/avgo#NASDAQ">AVGO</a>) coming in at 0.7 percent as well</li>
</ul>

	VO is up 11.5 percent year-to-date and 5 percent over the last six months. It has a low expense ratio of 0.09 percent.
<h3>
	iShares Russell Mid-Cap</h3>

	The iShares Russell Midcap Index Fund (NYSE: <a class="ticker" href="/stock/iwr#NYSE">IWR</a>) is made up of 841 mid-cap stocks across 11 sectors with, financials and consumer discretionary making up 38 percent.

	The top holdings include:
<ul>
<li>
		The Kroger Co.&nbsp;(NYSE: <a class="ticker" href="/stock/kr#NYSE">KR</a>) with a 0.48 percent holding</li>
<li>
		Applied Materials, Inc. (NASDAQ: <a class="ticker" href="/stock/amat#NASDAQ">AMAT</a>) at 0.46 percent</li>
<li>
		Aon Plc (NYSE: <a class="ticker" href="/stock/aon#NYSE">AON</a>) at 0.45 percent</li>
</ul>

	IWR is up 9.7 percent year-to-date and 3 percent over the last six months. The mid-cap ETF has an expense ratio of 0.20 percent.
<h3>
	RevenueShares Mid Cap</h3>

	The RevenueShares Mid Cap Fund (ETF) (NYSE: <a class="ticker" href="/stock/rwk#NYSE">RWK</a>) consists of 400 publicly traded companies that are classified as being mid-cap stocks. The holdings are distributed across 10 sectors with consumer cyclical and consumer non-cyclical accounting for 43 percent of the ETF.

	The top individual holdings include:
<ul>
<li>
		SPDR S&amp;P MidCap 400 ETF (NYSE: <a class="ticker" href="/stock/mdy#NYSE">MDY</a>) at 3.3 percent</li>
<li>
		Ingram Micro Inc (NYSE: <a class="ticker" href="/stock/im#NYSE">IM</a>) with a 3.2 percent holding</li>
<li>
		World Fuel Services Corp (NYSE: <a class="ticker" href="/stock/int#NYSE">INT</a>) coming in at 2.9 percent</li>
</ul>

	RWK is up 5.8 percent year-to-date and up 0.14 percent over the last six months. The ETF has an expense ratio of 0.54 percent.

	It is important to note that even though the mid-cap stocks have outperformed their smaller counterparts in 2014, there is no guarantee next year will bring the same results. While recognizing the transition between the different asset classes is important to outperforming the overall market, it is also important to have access to a broad range of asset classes to minimize risk and increase diversity.

AMAT

AVGO

VRTX

Don't Overlook Mid-Cap Stocks

<div>
<div>As investors continue to seek diversification in their portfolios, US Equity ETFs remain a popular choice. Equity ETFs allow for diversification across sectors and in regards to size of the company. The style of an ETF is determined by the market segment it occupied, generally falling into small, mid, or large-cap. Additionally, the potential for growth is taken into account which index style a stock should fit into. The Russell indices provide a strong benchmark for each style.</div>
<div></div>
<div>With the market continually evolving and investors becoming more sophisticated, it is more necessary than ever to make sure each index properly tracks the markets it is intended to. The Russell indices have proven to be a favorite among investment managers, as almost half of all US equity investment products use the Russell Style Indices as their benchmarks.</div>
<div></div>
<div>The table below shows the weekly returns of US equity ETFs that track a Russell Index: </div>
<div></div>
<h2>US Equity Style Trend</h2>
05/06/2011
We track <a href="http://www.myplaniq.com/LTISystem/advanced__markets.action">asset class movement</a> which are updated weekly. 
Performance data are based on closing prices on last Friday.
<div class="dividerTop">
<table id="USStyle" class="tablesorter" border="2" cellspacing="2" cellpadding="3">
<thead>
<tr>
<th > Description </th>
<th > Symbol </th>
<th > 1 Week </th>
<th > 4 Weeks </th>
<th > 13 Weeks </th>
<th > 26 Weeks </th>
<th > 52 Weeks </th>
<th > Trend Score </th>
</tr>
</thead>
<tbody>
<tr class="even">
<td>Russell Largecap Growth</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWF&amp;type=1&amp;includeHeader=true" target="_blank">IWF</a></td>
<td>-1.68%</td>
<td>1.42%</td>
<td>2.73%</td>
<td>10.84%</td>
<td>26.86%</td>
<td>8.03%</td>
</tr>
<tr class="odd">
<td>Russell Largecap Index</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWB&amp;type=1&amp;includeHeader=true" target="_blank">IWB</a></td>
<td>-1.72%</td>
<td>1.0%</td>
<td>2.96%</td>
<td>11.02%</td>
<td>24.11%</td>
<td>7.48%</td>
</tr>
<tr class="even">
<td>Russell Largecap Value</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWD&amp;type=1&amp;includeHeader=true" target="_blank">IWD</a></td>
<td>-1.69%</td>
<td>0.57%</td>
<td>3.15%</td>
<td>12.18%</td>
<td>22.55%</td>
<td>7.35%</td>
</tr>
<tr class="odd">
<td>Russell Midcap Growth</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWP&amp;type=1&amp;includeHeader=true" target="_blank">IWP</a></td>
<td>-1.63%</td>
<td>1.82%</td>
<td>4.84%</td>
<td>16.38%</td>
<td>35.25%</td>
<td>11.33%</td>
</tr>
<tr class="even">
<td>Russell Midcap Indedx</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWR&amp;type=1&amp;includeHeader=true" target="_blank">IWR</a></td>
<td>-1.82%</td>
<td>1.1%</td>
<td>4.33%</td>
<td>14.23%</td>
<td>30.96%</td>
<td>9.76%</td>
</tr>
<tr class="odd">
<td>Russell Midcap Value</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWS&amp;type=1&amp;includeHeader=true" target="_blank">IWS</a></td>
<td>-1.87%</td>
<td>0.56%</td>
<td>3.78%</td>
<td>13.38%</td>
<td>28.55%</td>
<td>8.88%</td>
</tr>
<tr class="even">
<td>Russell Smallcap Growth</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWO&amp;type=1&amp;includeHeader=true" target="_blank">IWO</a></td>
<td>-3.91%</td>
<td>-0.37%</td>
<td>6.1%</td>
<td>16.76%</td>
<td>36.75%</td>
<td>11.07%</td>
</tr>
<tr class="odd">
<td>Russell Smallcap Index</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWM&amp;type=1&amp;includeHeader=true" target="_blank">IWM</a></td>
<td>-3.61%</td>
<td>-0.85%</td>
<td>4.47%</td>
<td>13.63%</td>
<td>28.99%</td>
<td>8.53%</td>
</tr>
<tr class="even">
<td>Russell Smallcap Value</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWN&amp;type=1&amp;includeHeader=true" target="_blank">IWN</a></td>
<td>-3.36%</td>
<td>-1.48%</td>
<td>2.74%</td>
<td>11.48%</td>
<td>22.66%</td>
<td>6.41%</td>
</tr>
</tbody>
</table>
</div>
<div></div>
<div></div>
<div>In the past week, the US market suffered as slight retraction as many corporate earnings reports failed to meet Wall Street expectations. Additionally, general economic uncertainty reared its head in the market, driving investors out of US equities for the week Because of this, all ETFs in the US Equity Style Trend table were down for the week.</div>
<div></div>
<div>Small cap ETFs were hit the hardest, as the iShares Russell 2000 Growth Index (IWO), the iShares Russell 2000 Index (IWM), and the iShares Russell 200 Value Index (IWN) all dropped over 3% in the past week. This follows traditional market behavior as small cap equties tend to react more harshly to swings in the market.</div>
<div></div>
<div>The iShares Russell Midcap Growth Index (IWP), down 1.63%, and the iShares Russell 1000 Growth Index (IWF), down 1.68%, were least effected by the downturn in the market. In the near future, mid to large cap equity ETFs will likely provide more stability and better gains than smaller ETFs as the market remains in flux and succesptible to turn on a variety of daily economic news. </div>
<div></div>
<div></div>
<table border="0" cellspacing="10">
<tbody>
<tr>
<th align="left">Assets Class</th>
<th>Symbols</th>
<th>05/04 Trend Score</th>
<th>04/27 Trend Score</th>
<th>Direction</th>
</tr>
<tr>
<td>Russell Midcap Growth</td>
<td>IWP</td>
<td>10.11%</td>
<td>12.57%</td>
<td>v</td>
</tr>
<tr>
<td>Russell Smallcap Growth</td>
<td>IWO</td>
<td>9.75%</td>
<td>14.01%</td>
<td>v</td>
</tr>
<tr>
<td>Russell Midcap Indedx</td>
<td>IWR</td>
<td>8.92%</td>
<td>10.9%</td>
<td>v</td>
</tr>
<tr>
<td>Russell Midcap Value</td>
<td>IWS</td>
<td>8.24%</td>
<td>9.84%</td>
<td>v</td>
</tr>
<tr>
<td>Russell Largecap Growth</td>
<td>IWF</td>
<td>7.69%</td>
<td>9.25%</td>
<td>v</td>
</tr>
<tr>
<td>Russell Smallcap Index</td>
<td>IWM</td>
<td>7.41%</td>
<td>11.05%</td>
<td>v</td>
</tr>
<tr>
<td>Russell Largecap Value</td>
<td>IWD</td>
<td>7.39%</td>
<td>8.15%</td>
<td>v</td>
</tr>
<tr>
<td>Russell Largecap Index</td>
<td>IWB</td>
<td>7.29%</td>
<td>8.52%</td>
<td>v</td>
</tr>
<tr>
<td>Russell Smallcap Value</td>
<td>IWN</td>
<td>5.7%</td>
<td>8.56%</td>
<td>v</td>
</tr>
</tbody>
</table>
  Trend score is the average of 1,4,13,26 and 52 week total returns (including dividend reinvested). You can get a <a href="http://www.myplaniq.com/LTISystem/api__customize.action">no cost widget </a>for any of these tables which will automatically update weekly.
<a rel="lightbox" href="http://www.myplaniq.com/LTISystem/article_toptablechart.action?tableName=USStyleReturnTableWed"> <img src="http://www.myplaniq.com/LTISystem/article_toptablechart.action?tableName=USStyleReturnTableWed" width='600' height='400' /> </a>
<a rel="lightbox" href="http://www.myplaniq.com/LTISystem/article_lowtablechart.action?tableName=USStyleReturnTableWed"> <img src="http://www.myplaniq.com/LTISystem/article_lowtablechart.action?tableName=USStyleReturnTableWed" width='600' height='400' /> </a>

<div>Despite the weak performance in recent periods, every style in the table has exhibited strong growth over the past 52 weeks, mirroring a rise in the US equity market. Investing in ETFs that use Russell Indices as a benchmark provides an investor with a the assurance that his or her investment will maintain the risk and return possibilities that he or she signed up for. As with any investment, it is important to ensure that the goals of the ETF match your personal investment goals.</div>
 
Symbols: <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWF&amp;count=0013'>IWF</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWB&amp;count=0011'>IWB</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWD&amp;count=0015'>IWD</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWP&amp;count=0021'>IWP</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWR&amp;count=0032'>IWR</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWS&amp;count=0025'>IWS</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWO&amp;count=0027'>IWO</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWM&amp;count=00110'>IWM</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWN&amp;count=0027'>IWN</a> 
 
Tickers: (NYSE: IWF), (NYSE: IWB), (NYSE: IWD), (NYSE: IWP), (NYSE: IWR), (NYSE: IWS), (NYSE: IWO), (NYSE: IWM), (NYSE: IWN)
<div>
Disclosure:
<a href="http://www.myplaniq.com/LTISystem/f401k__main.action">MyPlanIQ </a>does not have any business relationship with the company or companies mentioned in this article. It does not set up their retirement plans. The performance data of portfolios mentioned above are obtained through historical simulation and are hypothetical.</div>
</div>
 
					<a href = "http://www.myplaniq.com/LTISystem/f401k_news.action?PID=3146">comments(0)</a>  
					<a class="a2a_dd" href="http://www.addtoany.com/share_save"><img src="http://static.addtoany.com/buttons/share_save_171_16.png" width="171" height="16" border="0" alt="Share/Bookmark" /></a>

iShares Trust Russell Midcap Growth Index Fund

iShares Trust Russell MidCap Value Index Fund

US Equities Fall as Economic Instability Continues

Small cap ETFs are generally made up of investments in companies with less than $1 billion in market capitalization. Small Cap Growth ETFs offer investors diversification throughout a wide range of industries and the potential for very high returns. At the same time, these ETFs tend to move up and down with the market and are subject to high levels of volatility.
US Small Cap Growth ETFs, represented by the iShares Russell 2000 Small Cap Growth Index ETF (IWO), continued to outperform other styles of US Equity Assets with a one week return of 2.66% and a trend score of 13.93%. The small cap growth sector has also outperformed other US Equity Assets over a 52 week period, returning 24.31% in the past year. (See Russell Table)
<h2>US Equity Style Return</h2>
<h3>4/29/2011</h3>
 
<table border="2">
</table>
<table border="0" cellspacing="12">
<tbody>
<tr>
<th align="left">Assets Class</th>
<th>Symbols</th>
<th>04/27 Trend Score</th>
<th>04/20 Trend Score</th>
<th>Direction</th>
</tr>
<tr>
<td>Russell Smallcap Growth</td>
<td>IWO</td>
<td>14.01%</td>
<td>13.06%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Midcap Growth</td>
<td>IWP</td>
<td>12.57%</td>
<td>11.91%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Smallcap Index</td>
<td>IWM</td>
<td>11.05%</td>
<td>9.92%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Midcap Indedx</td>
<td>IWR</td>
<td>10.9%</td>
<td>10.15%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Midcap Value</td>
<td>IWS</td>
<td>9.84%</td>
<td>9.03%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Largecap Growth</td>
<td>IWF</td>
<td>9.25%</td>
<td>8.24%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Smallcap Value</td>
<td>IWN</td>
<td>8.56%</td>
<td>7.26%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Largecap Index</td>
<td>IWB</td>
<td>8.52%</td>
<td>7.38%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Largecap Value</td>
<td>IWD</td>
<td>8.15%</td>
<td>6.96%</td>
<td>^</td>
</tr>
</tbody>
</table>
The trend score is defined as the average of 1,4,13,26 and 52 week total returns (including dividend reinvested).
<a rel="lightbox" href="http://www.myplaniq.com/LTISystem/article_toptablechart.action?tableName=USStyleReturnTableWed"> <img src="http://www.myplaniq.com/LTISystem/article_toptablechart.action?tableName=USStyleReturnTableWed" /> </a>
<a rel="lightbox" href="http://www.myplaniq.com/LTISystem/article_lowtablechart.action?tableName=USStyleReturnTableWed"> <img src="http://www.myplaniq.com/LTISystem/article_lowtablechart.action?tableName=USStyleReturnTableWed" /> </a>
 
<div id="smallCapGrowth" class="back">
<h2>U.S. Small Cap Growth</h2>
04/29/2011
<div class="dividerTop">
<table id="USSmallCapGrowth" class="tablesorter" border="1" cellspacing="1" cellpadding="2">
<thead>
<tr>
<th> Description </th>
<th> Symbol </th>
<th> 1 Yr </th>
<th> 3 Yr </th>
<th> 5 Yr </th>
<th> Avg. Volume(K) </th>
<th> 1 Yr Sharpe </th>
</tr>
</thead>
<tbody>
<tr class="even">
<td>Vanguard Small Cap Growth ETF</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=VBK&amp;type=1&amp;includeHeader=true" target="_blank">VBK</a></td>
<td>27.33%</td>
<td>10.31%</td>
<td>6.52%</td>
<td>248</td>
<td>121.29%</td>
</tr>
<tr class="odd">
<td>iShares Russell 2000 Growth In</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWO&amp;type=1&amp;includeHeader=true" target="_blank">IWO</a></td>
<td>26.68%</td>
<td>9.57%</td>
<td>4.89%</td>
<td>1,679</td>
<td>119.24%</td>
</tr>
<tr class="even">
<td>iShares S&amp;P SmallCap 600 Growth</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IJT&amp;type=1&amp;includeHeader=true" target="_blank">IJT</a></td>
<td>24.47%</td>
<td>8.6%</td>
<td>5.17%</td>
<td>187</td>
<td>121.82%</td>
</tr>
</tbody>
</table>

Among US Small Cap Growth ETFs, the Vanguard Small Cap Growth ETF (VBK) has shown the most strength, returning 27.33% in the past year. Others, including the iShares Russell 2000 Growth Index ETF (IWO) and the iShares S&amp;P SmallCap 600 Growth ETF (UT) have also provided investors with returns higher than 24%.
In recent periods, equities have experienced high levels of growth, leading many to speculate that a retraction is inevitable. If equity markets begin to lose value, US Small Cap Growth ETFs will certainly be impacted, as the performance of these ETFs correlate with general market conditions. Still, investors should expect strong returns from ETFs in this sector for the foreseeable future.

Symbols: <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=VBK&amp;count=0032'>VBK</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWO&amp;count=0027'>IWO</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IJT&amp;count=0024'>IJT</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWO&amp;count=0027'>IWO</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWM&amp;count=00110'>IWM</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWR&amp;count=0032'>IWR</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWS&amp;count=0025'>IWS</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWF&amp;count=0013'>IWF</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWN&amp;count=0027'>IWN</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWB&amp;count=0011'>IWB</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWD&amp;count=0015'>IWD</a>
 
Tickers: (NYSE: VBK) (NYSE: IWO) (NYSE: IJT) (NYSE: IWO) (NYSE: IWP) (NYSE: IWM) (NYSE: IWR) (NYSE: IWS) (NYSE: IWF) (NYSE: IWN) (NYSE: IWB) (NYSE: IWD)
 
Disclosure: MyPlanIQ does not have any business relationship with the company or companies mentioned in this article. It does not set up their retirement plans. The performance data of portfolios mentioned above are obtained through historical simulation and are hypothetical.
</div>
</div>
 
					<a href = "http://www.myplaniq.com/LTISystem/f401k_news.action?PID=3132">comments(0)</a>  
					<a class="a2a_dd" href="http://www.addtoany.com/share_save"><img src="http://static.addtoany.com/buttons/share_save_171_16.png" width="171" height="16" border="0" alt="Share/Bookmark" /></a>

iShares S&P SmallCap 600 Growth Index Fund

US Small Cap Growth ETFs Continue Strong Gains

Large Cap Blend ETFs provide access to both growth and value stocks, looking for high returns while hedging that risk with more stable securities. Large Cap ETFs invest across the entire spectrum of the US market. Stocks in the top 70% of the capitalization of the US equity market are defined as large cap.
Despite strong returns, US Large Cap Blend ETFs, including the Russell Large Cap Index (IWB), have underperformed mid cap and small cap ETFs. With a one-year trend score of 8.52%, the Russell Large Cap Index falls towards the bottom of the US Style Return Table as seen below.
<h2>US Equity Style Return</h2>
<h3>4/29/2011</h3>
 
<table border="2">
</table>
<table border="0" cellspacing="12">
<tbody>
<tr>
<th align="left">Assets Class</th>
<th>Symbols</th>
<th>04/27 Trend Score</th>
<th>04/20 Trend Score</th>
<th>Direction</th>
</tr>
<tr>
<td>Russell Smallcap Growth</td>
<td>IWO</td>
<td>14.01%</td>
<td>13.06%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Midcap Growth</td>
<td>IWP</td>
<td>12.57%</td>
<td>11.91%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Smallcap Index</td>
<td>IWM</td>
<td>11.05%</td>
<td>9.92%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Midcap Indedx</td>
<td>IWR</td>
<td>10.9%</td>
<td>10.15%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Midcap Value</td>
<td>IWS</td>
<td>9.84%</td>
<td>9.03%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Largecap Growth</td>
<td>IWF</td>
<td>9.25%</td>
<td>8.24%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Smallcap Value</td>
<td>IWN</td>
<td>8.56%</td>
<td>7.26%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Largecap Index</td>
<td>IWB</td>
<td>8.52%</td>
<td>7.38%</td>
<td>^</td>
</tr>
<tr>
<td>Russell Largecap Value</td>
<td>IWD</td>
<td>8.15%</td>
<td>6.96%</td>
<td>^</td>
</tr>
</tbody>
</table>
The trend score is defined as the average of 1,4,13,26 and 52 week total returns (including dividend reinvested).
<a rel="lightbox" href="http://www.myplaniq.com/LTISystem/article_toptablechart.action?tableName=USStyleReturnTableWed"> <img src="http://www.myplaniq.com/LTISystem/article_toptablechart.action?tableName=USStyleReturnTableWed" width='600' height='400' /> </a>
<a rel="lightbox" href="http://www.myplaniq.com/LTISystem/article_lowtablechart.action?tableName=USStyleReturnTableWed"> <img src="http://www.myplaniq.com/LTISystem/article_lowtablechart.action?tableName=USStyleReturnTableWed" width='600' height='400' /> </a>
<h2>US Large Cap Blend</h2>
<h3>4/29/2011</h3>
<table id="USLargeCapBlend" class="tablesorter" border="1" cellspacing="1" cellpadding="2">
<thead>
<tr>
<th > Description </th>
<th > Symbol </th>
<th > 1 Yr </th>
<th > 3 Yr </th>
<th > 5 Yr </th>
<th > Avg. Volume(K) </th>
<th > 1 Yr Sharpe </th>
</tr>
</thead>
<tbody>
<tr class="even">
<td>SPDR S&amp;P 500</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=SPY&amp;type=1&amp;includeHeader=true" target="_blank">SPY</a></td>
<td>15.13%</td>
<td>1.42%</td>
<td>2.64%</td>
<td>169,849</td>
<td>83.79%</td>
</tr>
<tr class="odd">
<td>iShares S&amp;P 500 Index</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IVV&amp;type=1&amp;includeHeader=true" target="_blank">IVV</a></td>
<td>14.66%</td>
<td>2.18%</td>
<td>2.45%</td>
<td>2,992</td>
<td>79.99%</td>
</tr>
<tr class="even">
<td>Vanguard Total Stock Market</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=VTI&amp;type=1&amp;includeHeader=true" target="_blank">VTI</a></td>
<td>17.54%</td>
<td>3.35%</td>
<td>3.48%</td>
<td>1,833</td>
<td>92.09%</td>
</tr>
<tr class="odd">
<td>iShares Russell 1000</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=IWB&amp;type=1&amp;includeHeader=true" target="_blank">IWB</a></td>
<td>15.83%</td>
<td>2.66%</td>
<td>2.84%</td>
<td>886</td>
<td>86.04%</td>
</tr>
<tr class="even">
<td>Rydex S&amp;P Equal Weight</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=RSP&amp;type=1&amp;includeHeader=true" target="_blank">RSP</a></td>
<td>18.18%</td>
<td>5.79%</td>
<td>4.44%</td>
<td>1,115</td>
<td>94.46%</td>
</tr>
<tr class="odd">
<td>iShares S&amp;P 100</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=OEF&amp;type=1&amp;includeHeader=true" target="_blank">OEF</a></td>
<td>12.47%</td>
<td>0.94%</td>
<td>2.15%</td>
<td>883</td>
<td>67.2%</td>
</tr>
<tr class="even">
<td>Vanguard Large Cap</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=VV&amp;type=1&amp;includeHeader=true" target="_blank">VV</a></td>
<td>15.8%</td>
<td>2.78%</td>
<td>3.54%</td>
<td>223</td>
<td>85.55%</td>
</tr>
<tr class="odd">
<td>Schwab U.S. Large Cap</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=SCHX&amp;type=1&amp;includeHeader=true" target="_blank">SCHX</a></td>
<td>15.95%</td>
<td>NA</td>
<td>NA</td>
<td>297</td>
<td>87.97%</td>
</tr>
<tr class="even">
<td>Vanguard S&amp;P 500</td>
<td><a href="http://www.myplaniq.com/LTISystem/jsp/fundcenter/View.action?symbol=VOO&amp;type=1&amp;includeHeader=true" target="_blank">VOO</a></td>
<td>NA</td>
<td>NA</td>
<td>NA</td>
<td>311</td>
<td>NA</td>
</tr>
</tbody>
</table>
 
Among US Large Cap Blend ETFs the Ryder S&amp;P Equal Weight ETF (RSP) and the Vanguard Total Stock Market ETF (VTI) have performed the strongest, offering one-year returns of 18.18% and 17.54% respectively. The ETF in the sector with the highest level of average volume, the SPDR S&amp;P 500 Index, returned 15.13% in the past year, near the middle of the pack.
While US Large Cap Blend ETFs have provided investors with strong returns in recent periods, many in the market believe that the sector is due for a retraction based on overheated valuations. For the time being, investors will likely find better returns elsewhere.
Symbols: <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=SPY&amp;count=00149'>SPY</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IVV&amp;count=0054'>IVV</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=VTI&amp;count=00113'>VTI</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWB&amp;count=008'>IWB</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=RSP&amp;count=0050'>RSP</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=OEF&amp;count=004'>OEF</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=VV&amp;count=0046'>VV</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=SCHX&amp;count=0046'>SCHX</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=VOO&amp;count=001'>VOO</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWO&amp;count=0024'>IWO</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWP&amp;count=0020'>IWP</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWM&amp;count=00108'>IWM</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWR&amp;count=0030'>IWR</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWS&amp;count=0023'>IWS</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWF&amp;count=0011'>IWF</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWN&amp;count=0025'>IWN</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWB&amp;count=008'>IWB</a>, <a href ='http://www.myplaniq.com/LTISystem/f401k_symbols.action?symbol=IWD&amp;count=0013'>IWD</a>
 Tickers: (NYSE: SPY) (NYSE: IVV) (NYSE: VTI) (NYSE: IWB)(NYSE: RSP)(NYSE: OEF)(NYSE: VV)(NYSE: SCHX)(NYSE: VOO) (NYSE: IWO) (NYSE: IWP) (NYSE: IWM) (NYSE: IWR) (NYSE: IWS) (NYSE: IWF) (NYSE: IWN) (NYSE: IWB) (NYSE: IWD)
 
Disclosure: MyPlanIQ does not have any business relationship with the company or companies mentioned in this article. It does not set up their retirement plans. The performance data of portfolios mentioned above are obtained through historical simulation and are hypothetical.
 
					<a href = "http://www.myplaniq.com/LTISystem/f401k_news.action?PID=3131">comments(0)</a>  
					<a class="a2a_dd" href="http://www.addtoany.com/share_save"><img src="http://static.addtoany.com/buttons/share_save_171_16.png" width="171" height="16" border="0" alt="Share/Bookmark" /></a>

Rydex ETF Trust Rydex S&P Equal Weight ETF

SCHX

US Large Cap Blend ETFs Return Can Be Beaten As Equity Markets Continue Ascent

WisdomTree Trust WisdomTree SmallCap Dividend

DODGX

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

FCNTX

iShare Morningstar Large Growth Index Fund

iShares Morningstar Large Value Index Fund

iShares Morningstar Small Growth Index Fund

PowerShares Dynamic Developed International Opportunities Portfolio

PowerShares ETF Trust International Dividend Achievers Portfolio

PowerShares Exchange Traded Fund Dynamic Mid Cap Portfolio

PowerShares Exchange Traded Fund Dynamic Small Cap Portfolio

PowerShares Exchange Traded Fund Trust Dynamic Mid Cap Value Portfolio

PowerShares Exchange Traded Fund Trust Dynamic Small Cap Growth Portfolio

PowerShares Exchange Traded Fund Trust Dynamic Large Cap Value Portfolio

QQQQ

Rydex ETF Trust S&P Midcap 400 Pure Growth ETF

Rydex ETF Trust S&P Midcap 400 Pure Value ETF

Rydex ETF Trust S&P Smallcap 600 Pure Growth ETF

SCHA

SCHV

National Semiconductor Provides Good Funds in Their Retirement Plan

Amazon.com (Ticker: AMZN) is the largest online book and goods seller. It was founded in 1994 and is headquartered in Seattle, Washington. It pioneered in online ecommerce and has been very successful in its aggressive business expansion. When it comes to its retirement plan investment choices, however, it provides a somewhat U.S. centric and old style plan.
The <a rel="nofollow">Amazon.com 401K Plan</a> consists of 12 funds. These funds enable participants to gain exposure to 3 major assets: US Equity, Foreign Equity, Fixed Income. This is a very conventional retirement plan that has been clearly U.S. and developed countries centric.
<table style="width: 50%;" border="0">
<thead>
<tr>
<th align="left">Asset Class</th>
<th align="left">Ticker</th>
<th align="left">Name</th>
</tr>
</thead>
<tbody>
<tr>
<td width="40%">LARGE GROWTH</td>
<td width="20%">RGAEX</td>
<td width="40%">American Funds Growth Fund of Amer R4</td>
</tr>
<tr>
<td width="40%">LARGE BLEND</td>
<td width="20%">VFINX</td>
<td width="40%">Vanguard 500 Index Investor</td>
</tr>
<tr>
<td width="40%">LARGE GROWTH</td>
<td width="20%">VFTSX</td>
<td width="40%">Vanguard FTSE Social Index Inv</td>
</tr>
<tr>
<td width="40%">LARGE VALUE</td>
<td width="20%">VWNFX</td>
<td width="40%">Vanguard Windsor II</td>
</tr>
<tr>
<td width="40%">MID-CAP BLEND</td>
<td width="20%">VSEQX</td>
<td width="40%">Vanguard Strategic Equity</td>
</tr>
<tr>
<td width="40%">SMALL VALUE</td>
<td width="20%">AVPAX</td>
<td width="40%">American Beacon Small Cp Val Plan</td>
</tr>
<tr>
<td width="40%">Small Growth</td>
<td width="20%">VEXPX</td>
<td width="40%">Vanguard Explorer</td>
</tr>
<tr>
<td width="40%">Foreign Large Blend</td>
<td width="20%">JIEIX</td>
<td width="40%">Artio International Equity I</td>
</tr>
<tr>
<td width="40%">Intermediate-Term Bond</td>
<td width="20%">PTTRX</td>
<td width="40%">PIMCO Total Return Instl</td>
</tr>
<tr>
<td width="40%">Retirement Income</td>
<td width="20%">VTINX</td>
<td width="40%">Vanguard Target Retirement Income</td>
</tr>
<tr>
<td width="40%">US EQUITY</td>
<td width="20%">AMZN</td>
<td width="40%">Amazoncom Inc</td>
</tr>
<tr>
<td width="40%">Money Market</td>
<td width="20%"></td>
<td width="40%"> </td>
</tr>
</tbody>
</table>
 
The list of minor asset classes covered: Foreign Large Blend: EFA, VEU, GWL, PFA Intermediate-term Bond: AGG, CIU, BIV, BND Large Blend: IVV, IYY, IWV, VTI, VV, SPY, DLN, RSP, SCHX Large Growth: IVW, IWZ, JKE, VUG, ELG, QQQQ, RPG, SCHG Large Value: IVE, IWW, JKF, VTV, ELV, PWV, RPV, SCHV Mid-cap Blend: IJH, IWR, JKG, VO, MDY, EMM, PJG, DON, EZM, MVV Retirement Income: Small Growth: IJT, IWO, JKK, VBK, DSG, PWT, RZG, UKK Small Value: IJS, IWN, JKL, VBR, DSV, PWY, RZV, UVT Us Equity: IVV, IYY, IWV, VTI, VV, SPY, DLN, RSP, SCHX
<table border="0">
<thead>
<tr>
<th align="left">Asset Class</th>
<th>Number of funds</th>
</tr>
</thead>
<tbody>
<tr>
<td>REITs</td>
<td>0</td>
</tr>
<tr>
<td>Balanced Fund</td>
<td>1</td>
</tr>
<tr>
<td>Fixed Income</td>
<td>1</td>
</tr>
<tr>
<td>Commodity</td>
<td>0</td>
</tr>
<tr>
<td>Sector Fund</td>
<td>0</td>
</tr>
<tr>
<td>Foreign Equity</td>
<td>1</td>
</tr>
<tr>
<td>Emerging Market Equity</td>
<td>0</td>
</tr>
<tr>
<td>US Equity</td>
<td>8</td>
</tr>
<tr>
<td>Other</td>
<td>9</td>
</tr>
<tr>
<td>Total</td>
<td>12</td>
</tr>
</tbody>
</table>
As of Mar 21, 2011, this plan investment choice is rated as below average based on MyPlanIQ <a rel="nofollow">Plan Rating methodology </a> that was designed to measure how effective a plan's available investment funds are . It has the following detailed ratings:
Diversification -- Rated as average (43%) Fund Quality -- Rated as below average (19%) Portfolio Building -- Rated as average (38%) Overall Rating: 		below average (34%)
Since Amazon.com was founded in 1994, the world has gone through dramatic changes. Globalization has enabled countries like China, India and Brazil to emerge as strong economic powers in the world, partly due to the rapid development in internet and communication. Ironically, Amazon.com, while being aggressive to pursue its cutting edge business practice and technology, has provided its employees a very traditional retirement plan that lacks of other major asset exposure including emerging market stocks and real estate investments (REITs). This is reflected in the performance of the following model portfolios that adopt asset allocation strategies: strategic and tactical asset allocation strategies (<a rel="nofollow">SAA </a>and <a rel="nofollow">TAA </a>for participants in Amazon.com 401K Plan).
Strategic Asset Allocation is based on well known modern portfolio theory and its key features include: diversification, proper fund selection and periodically re-balancing.
Tactical Asset Allocation works on a diversified array of assets provided by funds in a plan and adjusts asset mixes based on market conditions such as asset price momentum utilized by TAA.
The chart and table below show the historical performance of moderate model portfolios employing strategic and tactical asset allocation strategies. For comparison purpose, we also include the moderate model portfolios of a typical 3 asset <a rel="nofollow">SIB (Simpler Is Better) plan </a>. This SIB plan has the following candidate index funds and their ETFs equivalent:
US Equity: SPY or VTI Foreign Equity: EFA or VEU Fixed Income: AGG or BND Performance chart (as of Mar 21, 2011)
<a rel="lightbox"> </a>
<a rel="lightbox" href="../LTISystem/article_viewchart.action?portfolioID=17111,17117,31628,31631"> <img style="margin: 6px;" title="chart" src="http://www.myplaniq.com/LTISystem/article_viewchart.action?portfolioID=17111,17117,31628,31631" alt="chart" /></a><a rel="lightbox" href="../LTISystem/article_viewchart.action?portfolioID=17111,17117,31628,31631"> </a>
Performance table (as of Mar 21, 2011)
<div id="show_Port_div" style="display: block;">
<table id="comparetablePort" class="tablesorter" style="width: 100%;" border="0" cellspacing="1" cellpadding="0">
<thead>
<tr>
<th class="header" width="40%">Portfolio Name</th>
<th class="header" width="10%">1Yr AR</th>
<th class="header" width="10%">1Yr Sharpe</th>
<th class="header" width="10%">3Yr AR</th>
<th class="header" width="10%">3Yr Sharpe</th>
<th class="header" width="10%">5Yr AR </th>
<th class="header" width="10%">5Yr Sharpe</th>
</tr>
</thead>
<tbody>
<tr>
<td><a> Amazon.com 401K Plan Tactical Asset Allocation Moderate</a></td>
<td>4%</td>
<td>32%</td>
<td>7%</td>
<td>70%</td>
<td>8%</td>
<td>70%</td>
</tr>
<tr>
<td><a> Amazon.com 401K Plan Strategic Asset Allocation Moderate</a></td>
<td>7%</td>
<td>60%</td>
<td>4%</td>
<td>26%</td>
<td>5%</td>
<td>30%</td>
</tr>
<tr>
<td><a> Three Core Asset ETF Benchmark Tactical Asset Allocation Moderate</a></td>
<td>-2%</td>
<td>-32%</td>
<td>2%</td>
<td>16%</td>
<td>4%</td>
<td>28%</td>
</tr>
<tr>
<td><a> Three Core Asset ETF Benchmark Strategic Asset Allocation Moderate</a></td>
<td>11%</td>
<td>69%</td>
<td>4%</td>
<td>13%</td>
<td>4%</td>
<td>14%</td>
</tr>
</tbody>
</table>
</div>
Currently Commodities, Real Estate and US Equity are doing well. Only US Equity is available to Amazon.com 401K Plan participants.
This plan beats the three asset benchmark by virtue of the US asset class choices. If would be a stronger plan with more fixed income choices and an additional asset class.
To summarize, Amazon.com 401K Plan would do well by their employees to consider reviewing their existing funds and adding additional asset classes such as REITs and emerging market stocks.
Symbols:<a href ='../../../../LTISystem/f401k_symbols.action?symbol=AMZN&amp;count=002'>AMZN</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=SPY&amp;count=00127'>SPY</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=VTI&amp;count=0091'>VTI</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=EFA&amp;count=00142'>EFA</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=VEU&amp;count=00124'>VEU</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=AGG&amp;count=00134'>AGG</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=BND&amp;count=00144'>BND</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IVV&amp;count=0044'>IVV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IYY&amp;count=0036'>IYY</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IWV&amp;count=0041'>IWV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=VV&amp;count=0036'>VV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=DLN&amp;count=0038'>DLN</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=RSP&amp;count=0040'>RSP</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=SCHX&amp;count=0036'>SCHX</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=CIU&amp;count=00104'>CIU</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=BIV&amp;count=0045'>BIV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=GWL&amp;count=0038'>GWL</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=PFA&amp;count=0035'>PFA</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IVE&amp;count=0035'>IVE</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IWW&amp;count=0032'>IWW</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=JKF&amp;count=0025'>JKF</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=VTV&amp;count=0037'>VTV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=ELV&amp;count=0024'>ELV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=PWV&amp;count=0025'>PWV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=RPV&amp;count=0025'>RPV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=SCHV&amp;count=0027'>SCHV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IVW&amp;count=0040'>IVW</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IWZ&amp;count=0032'>IWZ</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=JKE&amp;count=0029'>JKE</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=VUG&amp;count=0041'>VUG</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=ELG&amp;count=0028'>ELG</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=QQQQ&amp;count=0081'>QQQQ</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=RPG&amp;count=0029'>RPG</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=SCHG&amp;count=0031'>SCHG</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IJH&amp;count=0026'>IJH</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IWR&amp;count=0026'>IWR</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=JKG&amp;count=0017'>JKG</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=VO&amp;count=0026'>VO</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=MDY&amp;count=0072'>MDY</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=EMM&amp;count=0020'>EMM</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=PJG&amp;count=0017'>PJG</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=DON&amp;count=0020'>DON</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=EZM&amp;count=0020'>EZM</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=MVV&amp;count=0016'>MVV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IJS&amp;count=0022'>IJS</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IWN&amp;count=0022'>IWN</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=JKL&amp;count=0013'>JKL</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=VBR&amp;count=0021'>VBR</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=DSV&amp;count=0014'>DSV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=PWY&amp;count=0013'>PWY</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=RZV&amp;count=0013'>RZV</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=UVT&amp;count=0013'>UVT</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IJT&amp;count=0019'>IJT</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=IWO&amp;count=0020'>IWO</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=JKK&amp;count=0013'>JKK</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=VBK&amp;count=0024'>VBK</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=DSG&amp;count=0013'>DSG</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=PWT&amp;count=0011'>PWT</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=RZG&amp;count=0010'>RZG</a>,<a href ='../../../../LTISystem/f401k_symbols.action?symbol=UKK&amp;count=0010'>UKK</a>,
Exchange Tickers:(AMZN),(SPY),(VTI),(EFA),(VEU),(AGG),(BND),(IVV),(IYY),(IWV),(VV),(DLN),(RSP),(SCHX),(CIU),(BIV),(GWL),(PFA),(IVE),(IWW),(JKF),(VTV),(ELV),(PWV),(RPV),(SCHV),(IVW),(IWZ),(JKE),(VUG),(ELG),(QQQQ),(RPG),(SCHG),(IJH),(IWR),(JKG),(VO),(MDY),(EMM),(PJG),(DON),(EZM),(MVV),(IJS),(IWN),(JKL),(VBR),(DSV),(PWY),(RZV),(UVT),(IJT),(IWO),(JKK),(VBK),(DSG),(PWT),(RZG),(UKK)
Disclosure:
MyPlanIQ does not have any business relationship with the company or companies mentioned in this article. It does not set up their retirement plans. The performance data of portfolios mentioned above are obtained through historical simulation and are hypothetical.
 
					<a href = "http://www.myplaniq.com:80/jforum/posts/preList/2851/2998.page">comments(0)</a>  
					<a class="a2a_dd" href="http://www.addtoany.com/share_save"><img src="http://static.addtoany.com/buttons/share_save_171_16.png" width="171" height="16" border="0" alt="Share/Bookmark" /></a>

streetTRACKS Dow Jones U.S. Small Cap Value Index Fund

iShares S&P SmallCap 600 Value Index Fund

iShares Morningstar Small Value Index Fund

PowerShares Exchange Traded Fund Trust Dynamic Small Cap Value Portfolio

Rydex ETF Trust S&P Smallcap 600 Pure Value ETF

Online Pioneer Amazon.com Can Expand Its 401K Plan for More Diversification

Converted Organics Inc. (Nasdaq: <a class="ticker" href="/stock/coin#Nasdaq">COIN</a>) announced today that it has begun to receive revenue from the Company's Industrial Wastewater Resources (<a class="ticker" href="/stock/iwr#">IWR</a>) operation at the South Canyon Landfill in Colorado. "We are extremely excited that this project has generated immediate revenue for a project of this size, and at this stage of operation," says Rick McEwen, President and General Manager of Converted Organics Industrial Wastewater Resources. 

McEwen adds, "We look forward to the growing success of this project at the South Canyon Landfill as they continue to process increasing amounts of wastewater, and transition from traditional methods of treating wastewater to full use of our evaporator technology."

Comments

iShares Russell Mid-Cap ETF

매도 수량

iShares Russell Mid-Cap ETF (ARCA:IWR), 공매도 수량 보고

뉴스

파트너 / 기고자

벤징가 글로벌