NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Stock Price Up 0.4% – Still a Buy?

Shares of NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) traded up 0.4% during mid-day trading on Tuesday . The stock traded as high as $45.59 and last traded at $45.54. 4,414 shares traded hands during trading, a decline of 61% from the average session volume of 11,366 shares. The stock had previously closed at $45.36.

NYLI Candriam ESG U.S. Large Cap Equity ETF Price Performance

The stock has a 50-day moving average price of $47.84 and a 200 day moving average price of $48.35. The firm has a market cap of $347.47 million, a PE ratio of 26.13 and a beta of 1.03.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of IQSU. FMR LLC acquired a new position in NYLI Candriam ESG U.S. Large Cap Equity ETF during the third quarter worth approximately $225,000. Jane Street Group LLC boosted its holdings in NYLI Candriam ESG U.S. Large Cap Equity ETF by 16.5% in the third quarter. Jane Street Group LLC now owns 17,530 shares of the company’s stock valued at $839,000 after acquiring an additional 2,482 shares during the last quarter. Paul R. Ried Financial Group LLC purchased a new stake in NYLI Candriam ESG U.S. Large Cap Equity ETF during the fourth quarter valued at about $632,000. Palisades Hudson Asset Management L.P. increased its stake in NYLI Candriam ESG U.S. Large Cap Equity ETF by 18.5% during the fourth quarter. Palisades Hudson Asset Management L.P. now owns 5,107 shares of the company’s stock worth $247,000 after acquiring an additional 796 shares during the last quarter. Finally, OLD Mission Capital LLC raised its holdings in shares of NYLI Candriam ESG U.S. Large Cap Equity ETF by 10.3% in the 4th quarter. OLD Mission Capital LLC now owns 21,373 shares of the company’s stock worth $1,035,000 after purchasing an additional 1,996 shares during the period.

NYLI Candriam ESG U.S. Large Cap Equity ETF Company Profile

The IQ Candriam ESG US Equity ETF (IQSU) is an exchange-traded fund that is based on the IQ Candriam ESG US Equity index. The fund tracks a proprietary index of large-cap US stocks selected by ESG criteria and weighted by market capitalization. IQSU was launched on Dec 17, 2019 and is managed by IndexIQ.