AGZ Stock Summary and Trading Ideas (iShares Agency Bond ETF | ARCA:AGZ)

The iShares Barclays Agency Bond Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the agency sector of the U.S. government bond market as defined by the Bloomberg U.S. Agency Bond Index.

iShares Agency Bond ETF trades on the ARCA stock market under the symbol AGZ.

As of April 18, 2024, AGZ stock price declined to $106.67 with 29,811 million shares trading.

AGZ has a beta of 0.12, meaning it tends to be less sensitive to market movements. AGZ has a correlation of 0.18 to the broad based SPY ETF.

AGZ has a market cap of $618.69 million. This is considered a Small Cap stock.

In the last 3 years, AGZ stock traded as high as $119.50 and as low as $104.87.

AGZ has underperformed the market in the last year with a return of +2.1%, while the SPY ETF gained +22.3%. In the last 3 month period, AGZ fell short of the market, returning -0.5%, while SPY returned +6.1%. However, in the most recent 2 weeks AGZ has outperformed the stock market by returning -0.6%, while SPY returned -3.8%.

AGZ support price is $106.58 and resistance is $106.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGZ stock will trade within this expected range on the day.