QARP Stock Summary and Trading Ideas (Xtrackers Russell 1000 US Qarp ETF | ARCA:QARP)

Xtrackers Russell 1000 US QARP ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Index.

Xtrackers Russell 1000 US Qarp ETF trades on the ARCA stock market under the symbol QARP.

As of April 24, 2024, QARP stock price climbed to $47.33 with 6,245 million shares trading.

QARP has a market cap of $62.71 million. This is considered a Micro Cap stock.

In the last 3 years, QARP stock traded as high as $48.84 and as low as $33.73.

QARP stock has underperformed the market in the last year with a return of +21.0%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in QARP shares. However, QARP has outperformed the market in the last 3 month and 2 week periods, returning +5.1% and -2.6%, while SPY returned +4.6% and -2.7%, respectively. This indicates QARP has been having a stronger performance recently.

QARP support price is $46.84 and resistance is $47.58 (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 QARP stock will trade within this expected range on the day.