(SMLL) Harbor Trust - Ratings and Ratios

Harbor ETF Trust (NYSE ARCA:SMLL) is an exchange-traded fund that focuses on investing in equity securities of U.S. small-cap companies, with a primary emphasis on common and preferred stocks. The funds investment strategy is centered around companies with market capitalizations within the range of the Russell 2000 Index, which is a widely recognized benchmark for small-cap stocks. As a non-diversified fund, SMLL may have a more concentrated portfolio, potentially leading to higher volatility.

The funds investment objective is to invest at least 80% of its net assets, plus borrowings for investment purposes, in securities of small-cap companies. This suggests that the fund is committed to maintaining a strong focus on its target market segment, which may provide investors with exposure to a specific part of the market. With Assets Under Management (AUM) of $18.24 million, SMLL is a relatively small ETF, which may impact its liquidity and trading dynamics.

From a technical analysis perspective, the current price of SMLL is $20.82, with various moving averages indicating a potential trend reversal. The SMA20 is at $20.91, while the SMA50 is at $20.20, suggesting a possible bullish crossover. However, the SMA200 is at $21.16, indicating that the long-term trend is still bearish. The Average True Range (ATR) is 0.27, or 1.28%, which may indicate moderate volatility. Considering the 52-week high and low prices of $23.45 and $17.93, respectively, SMLL has experienced significant price movements in the past year.

Based on the available technical and fundamental data, a potential forecast for SMLL could be that the fund may experience a short-term bullish trend, driven by the potential crossover of the SMA20 and SMA50. However, the long-term bearish trend indicated by the SMA200 may still be a concern. If the funds AUM continues to grow, it may attract more investors and improve liquidity, potentially leading to a more stable price. Conversely, if the AUM declines, it may exacerbate the existing volatility. Investors should closely monitor the funds performance and adjust their strategies accordingly.