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 May 6, 2024, SMLF stock price climbed to $61.96 with 50,063 million shares trading.

SMLF has a beta of 1.12, meaning it tends to be more sensitive to market movements. SMLF has a correlation of 0.66 to the broad based SPY ETF.

SMLF has a market cap of $1.04 billion. 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 stock has underperformed the market in the last year with a return of +27.0%, while SPY returned +28.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SMLF shares. However, SMLF has outperformed the market in the last 3 month and 2 week periods, returning +6.4% and +5.2%, while SPY returned +4.8% and +4.3%, respectively. This indicates SMLF has been having a stronger performance recently.

SMLF support price is $60.55 and resistance is $62.09 (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.