Overview
Description
The iShares S&P Mid-Cap 400 Value ETF is a financial instrument designed to provide investors access to a diversified portfolio of mid-cap U.S. companies displaying value characteristics. This type of asset, a passively managed exchange-traded fund (ETF), aims to track the performance of the S&P MidCap 400 Value Index. The ETF's primary function is to give exposure to mid-sized companies that are considered undervalued relative to their peers, as evidenced by indicators like low price-to-earnings or price-to-book ratios. It encompasses a wide array of sectors, including industrials, consumer discretionary, and financials, reflecting the diverse landscape of U.S. mid-cap value stocks. By focusing on companies that are perceived to be trading for less than their intrinsic values, the ETF provides an important tool for those seeking potential capital appreciation through strategic asset allocation. Its place in the financial market is crucial for investors aiming to balance risk and reward within a diversified portfolio while specifically targeting the mid-cap market segment.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
United States
MIC code
ARCX