BSCS Stock Summary and Trading Ideas (Invesco Bulletshares 2028 Corporate Bond ETF | ARCA:BSCS)

The Invesco BulletShares 2028 Corporate Bond ETF (the "fund") seeks to track the investment results (before fees and expenses) of the Nasdaq BulletShares USD Corporate Bond 2028 Index (the "underlying index"). The fund will invest at least 80% of its total assets in corporate bonds that comprise the index. The Index is designed to represent the performance of a held-to-maturity portfolio of US dollar-denominated, investment-grade corporate bonds with effective maturities in 2028. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a "sampling" methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced monthly. The Fund has a designated year of maturity of 2028 and will terminate on or about Dec. 31, 2028.

Invesco Bulletshares 2028 Corporate Bond ETF trades on the ARCA stock market under the symbol BSCS.

As of April 18, 2024, BSCS stock price declined to $19.75 with 353,434 million shares trading.

BSCS has a beta of 0.22, meaning it tends to be less sensitive to market movements. BSCS has a correlation of 0.29 to the broad based SPY ETF.

BSCS has a market cap of $1.52 billion. This is considered a Small Cap stock.

In the last 3 years, BSCS stock traded as high as $23.44 and as low as $18.80.

BSCS has underperformed the market in the last year with a return of +2.5%, while the SPY ETF gained +22.2%. In the last 3 month period, BSCS fell short of the market, returning -1.0%, while SPY returned +5.2%. However, in the most recent 2 weeks BSCS has outperformed the stock market by returning -1.3%, while SPY returned -2.6%.

BSCS support price is $19.73 and resistance is $19.83 (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 BSCS stock will trade within this expected range on the day.