November 23, 2016 - By Hazel Jackson · 0 Comments
Nov 23 is a positive day so far for PowerShares Zacks Micro Cap ETF (NYSEARCA:PZI) as the ETF is active during the day after gaining 0.7% to hit $18.29 per share. The exchange traded fund has 25.06M net assets and 0.66% volatility this month.
Over the course of the day 402 shares traded hands, as compared to an average volume of 3,060 over the last 30 days for PowerShares Zacks Micro Cap ETF (NYSEARCA:PZI).
The ETF is 0.91% of its 52-Week High and 35.47% of its low, and is currently having ATR of 0.2. This year’s performance is 12.18% while this quarter’s performance is 3.99%.
The ETF’s YTD performance is 6.54%, the 1 year is 7.42% and the 3 year is 2.63%.
The ETF’s average P/E ratio is 13.89, the price to book is 1.08, the price to sales is 0.77 and the price to cashflow is 4.98. It was started on 8/18/2005. The fund’s top holdings are: SunCoke Energy Inc. Common Sto for 0.34% of assets, Ultra Clean Holdings Inc. for 0.31%, Piper Jaffray Companies Common for 0.31%, Meta Financial Group Inc. for 0.31%, Cloud Peak Energy Inc Common St for 0.31%, EXFO Inc for 0.30%, Cone Midstream Partners LP Comm for 0.30%, Navigant Consulting Inc. Commo for 0.30%, CNX Coal Resources LP Common Un for 0.30%, America’s Car-Mart Inc. for 0.30%. The ETF sector weights are: Basic Materials 8.53%, Consumer Cyclical 9.77%, Financial Services 35.40%, Realestate 10.23%, Consumer Defensive 2.13%, Healthcare 2.09%, Utilities 1.10%, Communication Services 1.62%, Energy 6.83%, Industrials 11.57%, Technology 10.72%. The ETF currently as 1.73% yield.
More notable recent PowerShares Zacks Micro Cap (ETF) (NYSEARCA:PZI) news were published by: Forbes.com which released: “The Truth About Micro-Cap Index Funds” on February 02, 2010, also Etfdailynews.com with their article: “Microcap ETFs: Indexing Leads Investors To Low Returns (FDM, IWC, PZI, WMCR …” published on January 07, 2013, Zacks.com published: “3 Microcap ETFs to Buy for the January Effect” on January 02, 2014. More interesting news about PowerShares Zacks Micro Cap (ETF) (NYSEARCA:PZI) were released by: Etftrends.com and their article: “Play Small Company Stocks with Broad Small-Cap ETFs” published on September 30, 2014 as well as Etftrends.com‘s news article titled: “ETF Chart of the Day: Microcap Stocks” with publication date: January 04, 2013.
PowerShares Zacks Micro Cap Portfolio seeks investment results that correspond to the price and yield of the Zacks Micro Cap Index. The ETF has a market cap of $25.06 million. The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. It currently has negative earnings. The Index is designed to identify a group of micro cap stocks with the potential to outperform passive micro cap indexes and other actively managed the United States micro cap strategies.
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By Hazel Jackson