SMLV Stock Summary and Trading Ideas (SPDR Ssga US Small Cap Low Volatility Index ETF | ARCA:SMLV)

The SPDR SSGA US Small Cap Low Volatility Index ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Small Cap Low Volatility Index. The SSGA US Small Cap Low Volatility Index is designed to track the performance of U.S. small capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stocks price over time.

SPDR Ssga US Small Cap Low Volatility Index ETF trades on the ARCA stock market under the symbol SMLV.

As of April 23, 2024, SMLV stock price climbed to $108.38 with 5,522 million shares trading.

SMLV has a market cap of $178.83 million. This is considered a Micro Cap stock.

In the last 3 years, SMLV stock traded as high as $122.19 and as low as $93.39.

SMLV has underperformed the market in the last year with a return of +8.2%, while the SPY ETF gained +24.3%. In the last 3 month period, SMLV fell short of the market, returning -1.5%, while SPY returned +4.9%. However, in the most recent 2 weeks SMLV has outperformed the stock market by returning -0.7%, while SPY returned -2.5%.

SMLV support price is $105.96 and resistance is $108.73 (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 SMLV stock will trade within this expected range on the day.