(LQIG) SPDR MarketAxess Investment - Ratings and Ratios

The SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (NYSE ARCA: LQIG) is designed to provide exposure to the performance of the MarketAxess Investment Grade 400 Index, which tracks the debt of 400 U.S. companies. Under normal market conditions, the fund invests at least 80% of its total assets in securities that are part of the index or exhibit similar economic characteristics. This approach allows the fund to closely replicate the indexs performance while maintaining flexibility to adapt to market conditions.

As a corporate bond ETF, LQIG focuses on investment-grade debt, targeting high-quality issuers with strong credit profiles. The fund is listed on the NYSE ARCA and is structured to offer investors a cost-effective way to gain exposure to the U.S. corporate bond market. Its ticker symbol is LQIG, and it is categorized under corporate bond ETFs in the U.S. market.

Based on the provided data, the 3-month forecast for LQIG suggests cautious optimism. The funds average volume of 2,146 shares over the past 20 days indicates moderate trading activity, while its last price of $95.34 is slightly above the 20-day SMA of $94.52 but below the 50-day SMA of $93.52. The 200-day SMA of $93.57 suggests a potential downtrend. The ATR of 0.38 reflects low volatility, which may appeal to risk-averse investors. However, the relatively small AUM of $52.63 million could lead to liquidity challenges and higher fees, potentially impacting performance.