Robert Silver - IShares Independent Trustee
| IGN Etf | USD 69.02 0.06 0.09% |
Mr. Robert H. Silver is an Independent Trustee of iShares SP North American TechnologyMultimedia Networking Index Fund. He is Director of iShares MSCI Russia Capped Index Fund, Inc. since 2010. Mr Silver is President and a cofounder of The Bravitas Group Inc., a firm dedicated to advising and investing in emerging business enterprises and to supporting philanthropic activities that benefit underserved urban youth. Previously, Mr Silver served as the President and Chief Operating Officer of UBS Financial Services Inc., the registered broker dealer comprising the Management USA business unit of UBS AG. Mr Silver served on the Board of Directors of EPAM, a provider of software engineering outsourcing services in Central and Eastern Europe, the Depository Trust and Clearing Corporation and served as a governor of the Philadelphia Stock Exchange. In addition, Mr Silver is a Vice Chairman and a Member of the Board of Directors for the YMCA of Greater New York and chairs its Fund Development Committee since 2001 and CoFounder and Vice President of Parentgiving Inc. since 2008. Mr. Silver began his career as a CPA at KPMG LLP from 1983 until 1997
| Age | 57 |
| Tenure | 18 years |
Similar Fund Executives
| Showing other executives | One Year Return | ||
| John Kerrigan | iShares Consumer Discretionary | 60 | |
| Robert Kapito | iShares Consumer Discretionary | 61 | |
| Darrell Duffie | iShares Industrials ETF | 61 | |
| Charles Hurty | iShares Consumer Discretionary | 72 | |
| Eilleen Clavere | iShares Expanded Tech | 60 | |
| Michael Latham | iShares Expanded Tech | 53 | |
| John Martinez | iShares Expanded Tech | 55 | |
| Charles Hurty | iShares Telecommunications ETF | 72 | |
| John Kerrigan | iShares Telecommunications ETF | 60 | |
| George Parker | iShares Industrials ETF | 80 | |
| Madhav Rajan | iShares Telecommunications ETF | 52 | |
| John Kerrigan | iShares Expanded Tech | 60 | |
| Cecilia Herbert | iShares Industrials ETF | 67 | |
| Robert Kapito | iShares Telecommunications ETF | 62 | |
| Cecilia Herbert | iShares Telecommunications ETF | 67 | |
| Cecilia Herbert | iShares Consumer Discretionary | 67 | |
| Eilleen Clavere | iShares Consumer Discretionary | 60 | |
| Eilleen Clavere | iShares Telecommunications ETF | 60 | |
| Madhav Rajan | iShares Consumer Discretionary | 52 | |
| Robert Kapito | iShares Expanded Tech | 62 | |
| Charles Hurty | iShares Expanded Tech | 72 | |
IShares Money Managers
| Geoffrey Flynn, Chief Operating Officer, Executive Vice President | ||
| Robert Silver, Independent Trustee | ||
| John Kerrigan, Independent Trustee | ||
| Madhav Rajan, Independent Trustee | ||
| Matt Tucker, Vice President | ||
| Cecilia Herbert, Independent Trustee | ||
| Michael Latham, President Trustee | ||
| Jack Gee, Chief Financial Officer, Treasurer | ||
| Charles Hurty, Independent Trustee | ||
| Eilleen Clavere, Secretary | ||
| George Parker, Independent Chairman of the Board of Trustee | ||
| John Martinez, Independent Trustee | ||
| Amy Schioldager, Executive Vice President | ||
| Robert Kapito, Trustee | ||
| Ira Shapiro, Vice President Chief Legal Officer |
IShares Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is IShares a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 4.60 X | |||
| Price To Book | 2.72 X | |||
| Price To Sales | 2.21 X | |||
| Gross Profit | 539.49 K | |||
| Earnings Per Share | 6.44 X | |||
| Number Of Employees | 15 | |||
| Beta | 1.05 | |||
| Market Capitalization | 158.1 M | |||
| Total Asset | 100.06 M | |||
| One Year Return | (8.50) % |
Pair Trading with IShares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to IShares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IShares to buy it.
The correlation of IShares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IShares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of IShares is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares' value that differs from its market value or its book value, called intrinsic value, which is IShares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares' market value can be influenced by many factors that don't directly affect IShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.