International Small-Cap ETF Reaches 52-Week High, Leaving Investors Wondering What's Next
Portfolio Pulse from Surbhi Jain
The iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) has reached a 52-week high, driven by strong performance in small-cap stocks from developed markets outside North America. The ETF has risen 6.33% year-to-date and 12.84% over the past year, benefiting from its diversified portfolio and bullish momentum.
August 22, 2024 | 7:34 pm
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The iShares MSCI EAFE Small-Cap ETF has reached a 52-week high, driven by strong small-cap stock performance in developed markets outside North America. The ETF's diversified portfolio and bullish momentum suggest potential for continued growth.
SCZ's performance is bolstered by strong small-cap stocks in Europe and Asia, with technical indicators showing bullish momentum. The ETF's price is above key moving averages, indicating potential for further growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100