STLG Stock Summary and Trading Ideas (iShares Factors US Growth Style ETF | BATS:STLG)

The iShares Factors US Growth Style ETF seeks to track the investment results of an index composed of US large and mid-capitalization stocks with favorable exposure to target style factors subject to constraints. The Underlying Index is designed to select equity securities from the Russell 1000 Growth Index (the Parent Index ), which in turn is a subset of the Russell 1000 Index (the Russell 1000 ). The Underlying Index is designed to select equity securities from the Parent Index with exposure to five equity style factors (momentum, quality, value, size,and low volatility) while maintaining a level of risk similar to that of the Parent Index.

iShares Factors US Growth Style ETF trades on the BATS stock market under the symbol STLG.

As of April 18, 2024, STLG stock price declined to $45.23 with 10,637 million shares trading.

STLG has a beta of 1.18, meaning it tends to be more sensitive to market movements. STLG has a correlation of 0.84 to the broad based SPY ETF.

STLG has a market cap of $49.75 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, STLG stock traded as high as $48.00 and as low as $28.01.

STLG has outperformed the market in the last year with a return of +37.3%, while the SPY ETF gained +22.3%. In the last 3 month period, STLG beat the market returning +9.3%, while SPY returned +6.1%. However, in the most recent 2 weeks STLG has underperformed the stock market by returning -4.5%, while SPY returned -3.8%.

STLG support price is $44.98 and resistance is $46.02 (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 STLG stock will trade within this expected range on the day.