(KVLE) KFA Value Line Dynamic Core - Ratings and Ratios

The KFA Value Line Dynamic Core Equity Index ETF (NYSE ARCA: KVLE) is designed to track the performance of the Value Line Dynamic Core Equity Index, focusing on large-cap value stocks. Under normal market conditions, the fund allocates at least 80% of its net assets (including borrowings for investment purposes) to securities in its target index or to instruments with similar economic characteristics. The remaining 20% may be invested in non-index securities deemed appropriate by the adviser to enhance tracking accuracy. As a non-diversified fund, KVLE may concentrate its holdings in a smaller number of issuers.

From a technical standpoint, KVLE is currently trading near its key moving averages, with a last price of $25.48, slightly below its 20-day SMA of $25.74 and 50-day SMA of $25.71, but above its 200-day SMA of $24.68. The average true range (ATR) of 0.22 indicates relatively low volatility. The funds average trading volume over the past 20 days is 2,420 shares, suggesting modest liquidity.

The funds assets under management (AUM) of $28.93 million reflect its niche status in the large-value ETF category. KVLE is designed for investors seeking exposure to large-cap value equities with a focus on tracking the Value Line Dynamic Core Equity Index.