SMLF Stock Summary and Trading Ideas (iShares US Small-Cap Equity Factor ETF | ARCA:SMLF)

The Fund seeks to track the investment results of the STOXX U.S. Small-Cap Equity Factor Index (the "Underlying Index"), which is a rules-based equity index provided by STOXX Ltd. (the "Index Provider" or "STOXX"). The Underlying Index is composed of small- capitalization equity securities from the STOXX US Small Cap Index (the "Parent Index") that are selected and weighted using an optimization process designed to maximize exposure to four target factors momentum, quality, value, and low volatility.

iShares US Small-Cap Equity Factor ETF trades on the ARCA stock market under the symbol SMLF.

As of April 19, 2024, SMLF stock price climbed to $58.91 with 21,727 million shares trading.

SMLF has a beta of 1.16, meaning it tends to be more sensitive to market movements. SMLF has a correlation of 0.65 to the broad based SPY ETF.

SMLF has a market cap of $972.01 million. This is considered a Small Cap stock.

In the last 3 years, SMLF stock traded as high as $63.91 and as low as $43.93.

SMLF has underperformed the market in the last year with a price return of +16.2% while the SPY ETF gained +21.2%. SMLF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.0% and -4.7%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

SMLF support price is $58.02 and resistance is $59.40 (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 SMLF stock will trade within this expected range on the day.