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The Zacks Analyst Blog Highlights: IShares Core S&P 500 ETF, Vanguard S&P 500 ETF, Vanguard Mega Cap ETF, Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF And IShares Morningstar Large-Cap ETF

Published 06/20/2017, 09:30 PM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL – June 21, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include iShares Core S&P 500 ETF (NYSEARCA: IVV Free Report ), Vanguard S&P 500 ETF (NYSEARCA: VOO Free Report ), Vanguard Mega Cap ETF (NYSEARCA: MGC Free Report ), Goldman Sachs (NYSE:GS) ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC Free Report ) and iShares Morningstar Large-Cap ETF (NYSEARCA: JKD Free Report ).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .

Here are highlights from Tuesday’s Analyst Blog:

5 ETFs to Tap at New Heights

The U.S. stock market is scaling new highs, downplaying all political concerns and rounds of weak economic data, indicating that the eight-year old bull run still has legs. The rally has been broad based with various sectors and industry on an uptrend.

This is especially true given the positive market momentum and strong market breadth. A large number of companies are moving higher with most of them hitting fresh highs, confirming that the bulls are in control (read: Time for High Beta and Momentum ETFs? ).

The bullish trend is further justified by the latest Strategas data , which shows that the so-called “advanced-decline” line (the number of advancing stocks less the number of declining stocks) has scaled fresh highs. Additionally, the forces that are driving the stock market have been robust. Among the most notable is a pickup in economic activity, stabilization in oil price, robust corporate earnings, and improving global sentiments, especially after the French election.

While many analysts view the market as overvalued, Shiller PE Ratio indicates that market valuation is not rich. Current Shiller PE Ratio is 30.05, far below 44.19 - the peak of the dot-com bubble. This suggests further room for upside in the months ahead (read: Are Stocks Really Overvalued? ETFs to Buy ).

Given this, investors should tap ETFs at the peak that are expected to continue moving higher in the weeks ahead. Below, we have highlighted five of these that hit new highs in the recent trading sessions and have a Zacks Rank of #1(Strong Buy) or #2 (Buy):

ETF Picks

iShares Core S&P 500 ETF (NYSEARCA:IVV Free Report )

This fund tracks the S&P 500 Index (read: Large Cap ETF Promoted to Rank #2 ).

Zacks ETF Rank: #2
P/E Ratio: 21.77
AUM: $118.9 billion
Expense Ratio: 0.04%
52-Week High: $247.49
YTD Performance: 10.4%

Vanguard S&P 500 ETF (NYSEARCA:VOO Free Report )

This ETF also seeks to match the price and performance of the S&P 500 Index.

Zacks ETF Rank: #2
P/E Ratio: 24
AUM: $70.2 billion
Expense Ratio: 0.04%
52-Week High: $225.76
YTD Performance: 10.4%

Vanguard Mega Cap ETF (NYSEARCA:MGC Free Report )

This ETF offers exposure to the largest U.S. stocks representing approximately the top 70% of market capitalization by tracking the CRSP US Mega Cap Index.

Zacks ETF Rank: #2
P/E Ratio: 23.1
AUM: $1.2 billion
Expense Ratio: 0.07%
52-Week High: $84.30
YTD Performance: 10.9%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC Free Report )

This fund tracks the Goldman Sachs ActiveBeta U.S. Large Cap Equity Index (read: Global ETFs Gather $4 Trillion AUM: What's Behind the Boom? ).

Zacks ETF Rank: #2
P/E Ratio: 20.96
AUM: $2.2 billion
Expense Ratio: 0.09%
52-Week High: $48.94
YTD Performance: 10.8%

iShares Morningstar Large-Cap ETF (NYSEARCA:JKD Free Report )

This product also targets the large cap segment of the broader market and follows the Morningstar Large Core Index.

Zacks ETF Rank: #2
P/E Ratio: 20.21
AUM: $853.6 million
Expense Ratio: 0.20%
52-Week High: $148.51
YTD Performance: 12.4%

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

Get the full Report on IVV - FREE

Get the full Report on VOO - FREE

Get the full Report on MGC - FREE

Get the full Report on GSLC - FREE

Get the full Report on JKD - FREE

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.



ISHARS-SP500 (IVV): ETF Research Reports

VANGD-SP5 ETF (VOO): ETF Research Reports

VANGD-MEGA CAP (MGC): ETF Research Reports

GOLDMAN ACTBETA (GSLC): ETF Research Reports

ISHARS-MO LC (JKD): ETF Research Reports

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