VanEck Vectors AMT-Free Interm Muni ETF (:ITM) Shares Stumbling Over the Last Week

VanEck Vectors AMT-Free Interm Muni ETF (:ITM) shares have lost some ground over the last 5 days. After a recent check, the stock has dipped -0.65% over that stretch. Investors will be anxious to see if there is a turnaround in the near future. Heading back a bit, shares have moved -4.28% since the beginning of the year. Over the last 52-week period, shares have changed -4.28%. Over the last quarter, the stock has moved -2.33%, and over the past 6 months, shares have moved -1.79%. Investors may be crafting an investment plan for the next few months. Some may be trying to capitalize in the short-term, and others may choose to keep their sights on the long-term. The thought of creating a defined plan may be daunting to some, but analyzing the pros and cons of both may be a good way to start building a strategy.

There are many factors that come into play when trying to locate the proper stocks to own. Investors may want to first identify their risk appetite, and decide what they are expecting in terms of returns on the investment. Rookie investors may not be comfortable picking stocks on their own. Seeking out professional advice may be helpful for some, but it may also be a good idea to know exactly what holdings are in the portfolio at all times, no matter who is actively managing, as markets can shift quickly and without notice.

After a recent scan, we see that VanEck Vectors AMT-Free Interm Muni ETF (:ITM) shares have hit $23.04. At this level, the stock is trading -0.90% away from the 20-day MA and -1.65% away from the 50-day MA. Moving averages are popular tools used by stock analysts. MA’s are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. They may also be used to help the trader determine support and resistance levels for the stock.

Looking deeper, we see that VanEck Vectors AMT-Free Interm Muni ETF (:ITM) has been trading -2.74% off of 50-day high and 0.26% away from the 50-day low. Checking on the price in relation to the 52-week high, the stock is currently -5.19% off of that mark, and 0.26% away from the 52-week low. 

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals. This is not a recommendation to buy or sell VanEck Vectors AMT-Free Interm Muni ETF (:ITM).