(UPGD) Invesco Exchange-Traded - Ratings and Ratios

The Invesco Raymond James SB-1 Equity ETF (NYSE ARCA: UPGD) is designed to track the performance of an index that focuses on equity securities with the most improved Consensus Ratings. These ratings are derived from Bloomberg Analyst Recommendations (ANR), an affiliate of the index provider. The fund typically allocates at least 90% of its total assets to securities that are components of the underlying index, ensuring close alignment with the indexs performance.

The underlying index is constructed by identifying equity securities with the most enhanced Consensus Ratings. This approach leverages the collective sentiment of analysts, providing a data-driven framework for selecting securities. The index provider is responsible for compiling, maintaining, and calculating the index, ensuring it reflects the most current analyst recommendations and market conditions.

Based on the provided data, the 3-month forecast for UPGD suggests potential volatility due to the divergence between its short-term and long-term moving averages. The SMA 20 of 72.03 is currently above the last price of 70.07, indicating potential short-term weakness. However, the SMA 200 of 69.17 suggests long-term support. The ATR of 0.57 indicates relatively low volatility, which may stabilize price movements in the near term. The funds AUM of 108.82M USD reflects moderate investor interest, which could influence liquidity and trading activity.