IEI Stock Summary and Trading Ideas (iShares 3-7 Year Treasury Bond ETF | NASDAQ:IEI)

The iShares Barclays 3-7 Year Treasury Bond Fund seeks results that correspond generally to the price and yield performance before fees and expense of the intermediate sector of the United States Treasury market as defined by the ICE U.S. Treasury 3-7 Year Bond Index. The ICE U.S. Treasury 3-7 Year Bond Index is part of a series of indices intended to assess U.S. Treasury issued debt. Only U.S. dollar denominated, fixed rate securities with minimum term to maturity greater than three years and less than or equal to seven years are included.

iShares 3-7 Year Treasury Bond ETF trades on the NASDAQ stock market under the symbol IEI.

As of April 18, 2024, IEI stock price declined to $113.56 with 1,185,998 million shares trading.

IEI has a beta of 0.17, meaning it tends to be less sensitive to market movements. IEI has a correlation of 0.17 to the broad based SPY ETF.

IEI has a market cap of $13.03 billion. This is considered a Large Cap stock.

In the last 3 years, IEI stock traded as high as $132.23 and as low as $111.45.

IEI has underperformed the market in the last year with a return of -0.4%, while the SPY ETF gained +22.3%. In the last 3 month period, IEI fell short of the market, returning -1.8%, while SPY returned +6.1%. However, in the most recent 2 weeks IEI has outperformed the stock market by returning -1.3%, while SPY returned -3.8%.

IEI support price is $113.50 and resistance is $114.14 (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 IEI stock will trade within this expected range on the day.