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The Zacks Analyst Blog Highlights: iShares MSCI ACWI ETF, iShares MSCI India Small-Cap ETF, PowerShares Dynamic Semiconductors Fund, PowerShares QQQ and iShares Russell 1000 Growth ETF

Zacks Equity Research

For Immediate Release

Chicago, IL – May 17, 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 MSCI ACWI ETF (NASDAQ: ACWI Free Report ), iShares MSCI India Small-Cap ETF (BATS: SMIN Free Report ), PowerShares Dynamic Semiconductors Fund (NYSEARCA: PSI Free Report ), PowerShares QQQ (NASDAQ: QQQ Free Report ) and iShares Russell 1000 Growth ETF (NYSEARCA: IWF 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:

4 High-Flying ETFs with More Room to Move

The bulls raged past the latest rounds of threats including a global cyberattack and tensions in North Korea. The global stock market scaled new highs once again with iShares MSCI ACWI ETF (NASDAQ: ACWI Free Report ) having logged in gains of 10.5% in the year-to-date timeframe.

This is especially true given a pickup in economic activity in many parts of the world, robust corporate earnings, Trump pro-growth policies, a rebound in oil price and improving global sentiments, especially after the French election. Notably, Saudi Arabia and Russia, the world's top two oil producers, agreed to extend their production cuts for nine more months until March 2018. This news has renewed optimism in the energy sector, which was under pressure from higher U.S. output and increased inventories weighing on the equity market.

Weakness in dollar is providing additional strength to commodity producers, leading to the rally in these stocks while WannaCry virus increased demand for technology stocks in the latest trading session (read: Cybersecurity ETFs Set to Rally After a Global Cyberattack ).

As the rally was broad based, winners are spread across many corners of the space. Below we have highlighted a few ETFs that surged to fresh highs in recent session and could be compelling choices for investors seeking to ride out the current trends in the equity markets. All these have a top Zacks Rank #1 (Strong Buy) or #2 (Buy), suggesting that their lead will continue in the months ahead.

Further, we have plotted each of them in the chart to envision a clear view of their outperformance.

Best ETFs

iShares MSCI India Small-Cap ETF (BATS:SMIN Free Report )

This product provides exposure to the small cap segment of the broad Indian stock market by tracking the MSCI India Small Cap Index. It is unpopular and illiquid with AUM of $185.9 million and average daily volume of 47,000 shares. The fund charges 80 bps in annual fees and has climbed about 40.8% in the year-to-date timeframe, having hit a fresh high of $46.07. It has a Zacks Rank #1 (read: 5 Reasons to Buy India ETFs Now ).

PowerShares Dynamic Semiconductors Fund (NYSEARCA:PSI Free Report )

This fund targets the semiconductor industry of the broad technology sector. It follows the Dynamic Semiconductor Intellidex Index, charging 63 bps in annual fees. PSI has decent AUM of $255.4 million and sees a modest average daily volume of about 64,000 shares. It has hit a fresh high of $44.50, and moved higher by about 23.1% in the year-to-date timeframe. PSI has a Zacks Rank #1 (read: Trump Nearing 100 Days in Office: ETF Winners & Losers ).

PowerShares QQQ (NASDAQ:QQQ Free Report )

This ETF provides exposure to the largest domestic and international non-financial companies listed on the Nasdaq. It is one of the largest and the most popular ETFs in the large cap space with AUM of $50.5 billion and average daily volume of 20 million shares. It charges investors 20 bps in annual fees and has surged to a new high of $139.12, having gained 17.6% so far this year. The fund has a Zacks Rank #1.

iShares Russell 1000 Growth ETF (NYSEARCA:IWF Free Report )

This ETF provides exposure to the large-cap growth segment of the broad U.S. equity market by tracking the Russell 1000 Growth Index. With AUM of $35.3 billion, it charges 20 bps in annual fees and sees solid trading volume of around 1.9 million shares a day on average. The ETF hit a record high of $117.92, representing a gain of about 12.7% in the year-to-date time frame. It has a Zacks Rank #2.

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

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

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 >>.

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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.


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ISHRS-MSCI ACWI (ACWI): ETF Research Reports
 
ISHARS-M IND SC (SMIN): ETF Research Reports
 
PWRSH-DYN SEMI (PSI): ETF Research Reports
 
ISHARS-RS 1K GR (IWF): ETF Research Reports
 
NASDAQ-100 SHRS (QQQ): ETF Research Reports
 
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