WCEO Stock Summary and Trading Ideas (Affinity World Leaders Equity ETF Hypatia Women Ceo ETF | ARCA:WCEO)

The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (including borrowings for investment purposes) in exchange-traded equity securities of U.S. companies that are led by a female Chief Executive Officer. The Fund expects to be primarily invested in components of the Hypatia Women CEO Index (the "Index"). The Index tracks the performance of exchange-traded equity securities of U.S. companies that have market capitalizations of at least $500 million and are led by a female Chief Executive Officer. The Fund may also invest in exchange-traded equity securities of other U.S. companies of any market capitalization that are led by a female Chief Executive Officer. In addition, the Fund may invest up to 20% of its total assets in exchange-traded equity securities of U.S. companies with an Executive Chairperson or a Chairperson who is female.

Affinity World Leaders Equity ETF Hypatia Women Ceo ETF trades on the ARCA stock market under the symbol WCEO.

As of April 30, 2024, WCEO stock price declined to $27.47 with 529 million shares trading.

WCEO has a market cap of $3.02 million. This is considered a Sub-Micro Cap stock.

WCEO has underperformed the market in the last year with a return of +11.3%, while the SPY ETF gained +22.3%. In the last 3 month period, WCEO fell short of the market, returning -1.7%, while SPY returned +2.5%. However, in the most recent 2 weeks WCEO has outperformed the stock market by returning +0.1%, while SPY returned -0.5%.

WCEO support price is $27.56 and resistance is $28.30 (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 WCEO stock will trade within this expected range on the day.