NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Shares Up 0.1% – Time to Buy?

NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU)’s stock price traded up 0.1% during mid-day trading on Friday . The stock traded as high as $63.13 and last traded at $62.96. Approximately 1,209 shares were traded during trading, a decline of 90% from the average daily volume of 12,263 shares. The stock had previously closed at $62.89.

NYLI Candriam U.S. Large Cap Equity ETF Stock Up 0.1%

The company has a market capitalization of $339.98 million, a PE ratio of 26.80 and a beta of 1.06. The business has a 50 day simple moving average of $61.94 and a 200 day simple moving average of $58.33.

Hedge Funds Weigh In On NYLI Candriam U.S. Large Cap Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. acquired a new stake in shares of NYLI Candriam U.S. Large Cap Equity ETF in the fourth quarter worth $6,866,000. OLD Mission Capital LLC acquired a new position in NYLI Candriam U.S. Large Cap Equity ETF during the fourth quarter valued at $682,000. Paul R. Ried Financial Group LLC lifted its position in NYLI Candriam U.S. Large Cap Equity ETF by 20.7% during the first quarter. Paul R. Ried Financial Group LLC now owns 18,893 shares of the company’s stock valued at $967,000 after purchasing an additional 3,246 shares during the period. NewEdge Advisors LLC lifted its position in 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 valued at $206,000 after purchasing an additional 1,145 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in NYLI Candriam U.S. Large Cap Equity ETF by 11.5% in the second quarter. Raymond James Financial Inc. now owns 10,182 shares of the company’s stock valued at $505,000 after purchasing an additional 1,048 shares during the last quarter.

NYLI Candriam 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.