Vmbook Online ordering
Ishares Morningstar Mid Core Index
Sure, here is some general information about the public company Exchange Traded Fund (ETF) with the stock symbol JKG in the USA stock exchange, focusing on its history, earnings, growth, and other relevant details.
The Invesco S&P MidCap 400 Pure Growth ETF (JKG) tracks the S&P MidCap 400 Pure Growth Index, which aims to select mid-cap firms with high growth potential based on factors such as sales, earnings, and momentum. The fund is designed to provide exposure to companies with high growth rates and strong growth potential.
The fund's top holdings include companies from various sectors, such as technology, healthcare, and consumer discretionary. Some examples of top holdings include Amazon, Microsoft, Alphabet (Google), and Facebook.
Historical Performance:
JKG has outperformed the broader market over the past few years, with a five-year annualized return of around 12%, as of March 2023.
Earnings and Growth:
Holdings of JKG have consistently delivered strong earnings growth, with the ETF's underlying holdings recording an average revenue growth rate of over 20% in recent years.
Industry/Sector Allocation:
JKG is diversified across various sectors, with exposure to growth-oriented sectors such as technology, healthcare, and consumer discretionary.
Trading volume:
JKG has an average daily trading volume of over 120,000 shares, providing adequate liquidity for investors.
Fees and Expenses:
The expense ratio for JKG is 0.39%*. The fund's management fee is 0.30%, and the average spread is 0.09%.
Reasons for Investing in JKG:
1. Targeted exposure: JKG offers targeted exposure to mid-cap companies with high growth potential, allowing investors to benefit from the growth prospects of mid-size companies.
2. Diversification: JKG provides diversification benefits by investing in a diversified portfolio of mid-cap companies across various sectors.
3. Cost-effective: With an expense ratio of 0.39%, JKG is a cost-effective option for investors seeking exposure to mid-cap growth stocks.
4. Strong Performance: JKG has outperformed the broader market over the past few years, making it an attractive option for investors seeking growth-oriented investments.
Risks and potential downsides:
1. Market Risks: JKG is still susceptible to market risks, and its value may decline during market downturns.
2. Sector Risks: JKG's concentration in growth-oriented sectors such as technology, healthcare, and consumer discretionary may increase exposure to sector-specific risks.
3. Stock-specific risks: Individual stocks within JKG's portfolio may underperform, negatively impacting the fund's overall performance.
In conclusion, JKG offers investors targeted exposure to mid-cap companies with potential for high growth. Its holdings have consistently delivered strong earnings growth, and the ETF has outperformed the broader market over the past few years. However, it is essential to remember risks associated with market downturns, sector-specific risks, and stock-specific risks. Investors should consider their investment goals, risk tolerance, and consult a financial advisor before making investment decisions.