(HART) IQ Healthy Hearts - Ratings and Ratios

The IQ Healthy Hearts ETF (NYSE ARCA: HART) is a passively managed exchange-traded fund designed to replicate the performance of an index developed by IndexIQ LLC, with Candriam, an affiliate of IndexIQ, serving as the index consultant. The fund tracks an index that includes equities of various market capitalizations—large-, mid-, and small-cap companies—trading in both U.S. and international markets, excluding certain emerging markets such as China, Egypt, India, Kuwait, Pakistan, Qatar, Saudi Arabia, and the United Arab Emirates. As a non-diversified fund, it may concentrate its investments in a smaller number of securities, which can lead to higher volatility compared to diversified funds.

Ticker Symbol: HART | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Health

Based on the provided data, HART currently trades at $31.05, with a 20-day average volume of 1200 shares. Its short-term moving averages (SMA 20: $31.85, SMA 50: $32.02) suggest recent price stability, while the 200-day SMA ($31.71) indicates a slightly lower long-term trend. The Average True Range (ATR) of 0.25 reflects low volatility, suggesting minimal price fluctuations. The funds assets under management (AUM) stand at $9.32 million, a relatively small size for an ETF, which may impact liquidity.

3-Month Forecast: - - The funds moving averages (SMA 20: $31.85, SMA 50: $32.02, SMA 200: $31.71) suggest a potential sideways trend in the near term. - The low ATR of 0.25 indicates that volatility is likely to remain subdued. - The small average volume of 1200 shares could lead to limited market impact but may also result in wider bid-ask spreads. - - - With an AUM of $9.32 million, the funds liquidity may remain constrained, which could affect its ability to track the underlying index closely. - As a non-diversified fund, HART may exhibit heightened sensitivity to sector-specific developments in the healthcare industry. - Overall, HART is expected to maintain its current trajectory, with minimal price movement and low volatility. However, its non-diversified nature and small AUM may make it more susceptible to market conditions and sector-specific news.