EELV Stock Summary and Trading Ideas (Invesco S&P Emerging Markets Low Volatility ETF | ARCA:EELV)

The Invesco S&P Emerging Markets Low Volatility ETF (Fund) is based on the S&P BMI Emerging Markets Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poors and consists of the 200 least volatile stocks of the S&P Emerging BMI Plus LargeMid Cap Index over the past 12 months. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Invesco S&P Emerging Markets Low Volatility ETF trades on the ARCA stock market under the symbol EELV.

As of December 11, 2024, EELV stock price climbed to $24.71 with 84,017 million shares trading.

EELV has a beta of 0.36, meaning it tends to be less sensitive to market movements. EELV has a correlation of 0.20 to the broad based SPY ETF.

EELV has a market cap of $413.89 million. This is considered a Small Cap stock.

In the last 3 years, EELV traded as high as $26.48 and as low as $20.52.

EELV has underperformed the market in the last year with a price return of +10.5% while the SPY ETF gained +33.5%. EELV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.0% and +0.8%, respectively, while the SPY returned +11.0% and +1.1%, respectively.

EELV support price is $24.49 and resistance is $24.81 (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 EELV shares will trade within this expected range on the day.