KBWY Stock Summary and Trading Ideas (Invesco KBW Premium Yield Equity REIT ETF | NASDAQ:KBWY)

The Invesco KBW Premium Yield Equity REIT ETF (Fund) is based on the KBW Nasdaq Premium Yield Equity REIT Index (Index). The Fund generally will invest at least 90% of its total assets in the securities of small- and mid-cap equity REITs in the United States that comprise the Underlying Index. Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. compile, maintain and calculate the Underlying Index, which is a modified-dividend yield-weighted index that seeks to reflect the performance of such companies. The Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index. The Fund and the Index are rebalanced and reconstituted on the third Friday of March, June, September and December.

Invesco KBW Premium Yield Equity REIT ETF trades on the NASDAQ stock market under the symbol KBWY.

As of December 13, 2024, KBWY stock price climbed to $19.25 with 121,745 million shares trading.

KBWY has a beta of 0.45, meaning it tends to be less sensitive to market movements. KBWY has a correlation of 0.10 to the broad based SPY ETF.

KBWY has a market cap of $249.86 million. This is considered a Small Cap stock.

In the last 3 years, KBWY traded as high as $26.43 and as low as $15.93.

KBWY has underperformed the market in the last year with a price return of +10.0% while the SPY ETF gained +31.7%. KBWY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.5% and -4.1%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

KBWY support price is $19.04 and resistance is $19.38 (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 KBWY shares will trade within this expected range on the day.