NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Stock Price Up 0.6% – What’s Next?

Shares of NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) traded up 0.6% during mid-day trading on Tuesday . The company traded as high as $53.20 and last traded at $53.13. 1,608 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 26,788 shares. The stock had previously closed at $52.81.

NYLI Candriam U.S. Large Cap Equity ETF Trading Down 0.2%

The firm has a market cap of $240.26 million, a PE ratio of 26.80 and a beta of 1.03. The firm has a 50 day moving average price of $54.63 and a 200-day moving average price of $54.01.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. purchased a new stake in shares of NYLI Candriam U.S. Large Cap Equity ETF in the 4th quarter valued at approximately $6,866,000. Envestnet Asset Management Inc. lifted its position in shares of NYLI Candriam U.S. Large Cap Equity ETF by 66.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 74,986 shares of the company’s stock worth $3,989,000 after purchasing an additional 29,980 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of NYLI Candriam U.S. Large Cap Equity ETF during the fourth quarter worth $682,000. NewEdge Advisors LLC grew its stake in shares of NYLI Candriam U.S. Large Cap Equity ETF by 43.9% during the fourth quarter. NewEdge Advisors LLC now owns 3,756 shares of the company’s stock worth $206,000 after purchasing an additional 1,145 shares in the last quarter. Finally, Paul R. Ried Financial Group LLC increased its holdings in NYLI Candriam U.S. Large Cap Equity ETF by 7.6% in the fourth quarter. Paul R. Ried Financial Group LLC now owns 15,647 shares of the company’s stock valued at $857,000 after buying an additional 1,107 shares during the last quarter.

About NYLI Candriam U.S. Large Cap Equity ETF

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.