Opinions
James Telfser
iShares Russell 2000 Value ETF
IWN-N
DON'T BUY
Jul 25, 2024
$168.560
Stock price when the opinion was issued
E.T.F.'s
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One of his picks of the week. A small cap value ETF. He has been trying to write puts for a week and it just keeps going higher and higher. It is a good holding. How much you hold will depend on how you want to build your portfolio. It is higher risk because it is small cap, but 5-10% exposure could make sense. You want to tilt your portfolio and do not want to be fully in.
E.T.F.'s
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Interesting ETF to get broad exposure to small caps. Have to always be really careful with the small-cap ETFs because you end up owning a lot of low-quality stocks. He focuses on high-quality names. Make sure you don't just blindly buy these indices, as you're going to end up owning a whole bunch of stocks that you probably wouldn't own individually in your portfolio.
For example, he remembers looking at IWM a few years ago and Plug Power was in there. It was a dog's breakfast then, and he thinks it's going bankrupt now or close to it.
So he'd focus more on specific stock names. They tend to move along with the indices, but you have more control over whether you want to own them or not.