NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) Trading Down 0.2% – Time to Sell?

NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF)’s share price was down 0.2% on Friday . The company traded as low as $20.67 and last traded at $20.75. Approximately 14,300 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 30,662 shares. The stock had previously closed at $20.80.

NYLI CBRE NextGen Real Estate ETF Trading Down 0.2 %

The company has a market capitalization of $153.55 million, a PE ratio of 26.87 and a beta of 0.95. The stock’s 50-day moving average is $20.75 and its two-hundred day moving average is $21.12.

Institutional Trading of NYLI CBRE NextGen Real Estate ETF

A hedge fund recently raised its stake in NYLI CBRE NextGen Real Estate ETF stock. Jane Street Group LLC raised its position in NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) by 30.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,252 shares of the company’s stock after purchasing an additional 3,595 shares during the quarter. Jane Street Group LLC owned 0.21% of NYLI CBRE NextGen Real Estate ETF worth $338,000 as of its most recent SEC filing.

NYLI CBRE NextGen Real Estate ETF Company Profile

The IQ U.S. Real Estate Small Cap ETF (ROOF) is an exchange-traded fund that is based on the IQ CBRE NextGen Real Estate index. The fund tracks a tier-weighted index of developed market companies classified under real estate sectors that are expected to benefit from trends affecting property sectors in the global economy.