BSJQ Stock Summary and Trading Ideas (Invesco Bulletshares 2026 High Yield Corporate Bond ETF | ARCA:BSJQ)

The Invesco BulletShares 2026 High Yield Corporate Bond ETF (the "fund") seeks to track the investment results (before fees and expenses) of the Nasdaq BulletShares USD High Yield Corporate Bond 2026 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, high yield corporate bonds with effective maturities in 2026. 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 2026 and will terminate on or about Dec. 31, 2026.

Invesco Bulletshares 2026 High Yield Corporate Bond ETF trades on the ARCA stock market under the symbol BSJQ.

As of May 6, 2024, BSJQ stock price climbed to $23.19 with 79,189 million shares trading.

BSJQ has a beta of 0.24, meaning it tends to be less sensitive to market movements. BSJQ has a correlation of 0.50 to the broad based SPY ETF.

BSJQ has a market cap of $505.65 million. This is considered a Small Cap stock.

In the last 3 years, BSJQ stock traded as high as $25.91 and as low as $21.69.

BSJQ has underperformed the market in the last year with a price return of +9.1% while the SPY ETF gained +28.3%. BSJQ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.9% and +1.9%, respectively, while the SPY returned +4.8% and +4.3%, respectively.

BSJQ support price is $23.12 and resistance is $23.25 (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 BSJQ stock will trade within this expected range on the day.