New York Life Investment Management LLC Cuts Holdings in NYLI Candriam U.S. Mid Cap Equity ETF $IQSM

New York Life Investment Management LLC cut its stake in NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) by 3.3% in the 3rd quarter, Holdings Channel reports. The firm owned 6,163,223 shares of the company’s stock after selling 213,104 shares during the period. NYLI Candriam U.S. Mid Cap Equity ETF makes up about 1.8% of New York Life Investment Management LLC’s portfolio, making the stock its 9th biggest position. New York Life Investment Management LLC owned 0.99% of NYLI Candriam U.S. Mid Cap Equity ETF worth $209,012,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Seeds Investor LLC increased its position in shares of NYLI Candriam U.S. Mid Cap Equity ETF by 55.8% during the second quarter. Seeds Investor LLC now owns 77,010 shares of the company’s stock valued at $2,483,000 after buying an additional 27,575 shares during the period.

NYLI Candriam U.S. Mid Cap Equity ETF Price Performance

IQSM stock opened at $36.92 on Monday. NYLI Candriam U.S. Mid Cap Equity ETF has a 1 year low of $26.78 and a 1 year high of $36.93. The firm has a 50-day moving average of $35.52 and a 200 day moving average of $34.39. The company has a market cap of $236.29 million, a P/E ratio of 20.02 and a beta of 1.21.

NYLI Candriam U.S. Mid Cap Equity ETF Profile

The Iq Candriam ESG U.S. Mid Cap Equity ETF (IQSM) is an exchange-traded fund that is based on the IQ Candriam ESG U.S. Mid Cap Equity index. The fund tracks a market cap-weighted index that provides exposure to US mid-cap stocks that meet environmental, social, and corporate governance criteria. IQSM was launched on Oct 25, 2022 and is managed by IndexIQ.