SIZE Stock Summary and Trading Ideas (iShares MSCI USA Size Factor ETF | ARCA:SIZE)

The Fund seeks to track the investment results of the MSCI USA Low Size Index (the Underlying Index ), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the Parent Index ). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI Inc. (the Index Provider or MSCI ). The Underlying Index is constructed by applying a mathematical formula that reweights the constituents of its market capitalization-weighted Parent Index, such that smaller companies as measured by market capitalization receive a larger index weight than their larger counterparts. In addition, at each rebalancing, a factor is applied that operates as a constraint or cap on the weight of individual components of the Underlying Index the constraint factor. The constraint factor is held constant between each rebalancing. The constraint factor is calculated by reference to the relative weight of each component in the Parent Index and used to determine the weights of each respective component in the Underlying Index. Prior to the selection of the Underlying Index on December 3, 2018, the Fund tracked the MSCI USA Risk Weighted Index.

iShares MSCI USA Size Factor ETF trades on the ARCA stock market under the symbol SIZE.

As of April 19, 2024, SIZE stock price declined to $133.02 with 2,779 million shares trading.

SIZE has a beta of 1.09, meaning it tends to be more sensitive to market movements. SIZE has a correlation of 0.78 to the broad based SPY ETF.

SIZE has a market cap of $305.95 million. This is considered a Small Cap stock.

In the last 3 years, SIZE stock traded as high as $142.30 and as low as $102.64.

SIZE has underperformed the market in the last year with a price return of +14.4% while the SPY ETF gained +21.2%. SIZE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.5% and -4.1%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

SIZE support price is $131.86 and resistance is $134.32 (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 SIZE stock will trade within this expected range on the day.