(SMIG) ETF Series Solutions - AAM - Ratings and Ratios

The AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) is an actively managed exchange-traded fund that focuses on U.S.-listed equity securities of small- and mid-capitalization companies, providing a diversified portfolio with a tilt towards income generation and growth.

Under normal market conditions, SMIG invests at least 80% of its net assets in small- and mid-capitalization companies, encompassing a broad range of equity securities listed on U.S. exchanges, including common stocks, American Depositary Receipts (ADRs), and real estate investment trusts (REITs), allowing for a flexible investment approach.

With a current Assets Under Management (AUM) of $1.046 billion USD, SMIG has established itself as a mid-cap value ETF, offering investors exposure to a specific segment of the U.S. equity market. The funds investment strategy is geared towards identifying small- and mid-cap companies with potential for income growth, making it an attractive option for investors seeking a balance between growth and income.

Analyzing the technical data, SMIGs last price is $28.60, with its 20-day Simple Moving Average (SMA20) at $28.68 and 50-day Simple Moving Average (SMA50) at $28.02, indicating a potential short-term consolidation phase. The Average True Range (ATR) of 0.35, equivalent to 1.22%, suggests moderate volatility. Considering the 52-week high and low of $31.56 and $25.49, respectively, SMIG is currently trading near its SMA50, which could be a support level.

Forecasting based on the technical and fundamental data, if SMIGs price breaks above its SMA20 and SMA200 of $28.97, it could signal a bullish trend, potentially driving the price towards the 52-week high. Conversely, a drop below the SMA50 could indicate a bearish trend, with potential support at the 52-week low. Given the current AUM and the funds investment strategy, SMIG is poised to continue its focus on small- and mid-cap income growth, potentially attracting investors seeking diversified exposure to this segment of the U.S. equity market.