IQ Healthy Hearts ETF (NYSEARCA:HART) Trading Down 0.8%

IQ Healthy Hearts ETF (NYSEARCA:HART) dropped 0.8% during trading on Friday . The company traded as low as $27.87 and last traded at $27.87. Approximately 4 shares were traded during trading, a decline of 99% from the average daily volume of 521 shares. The stock had previously closed at $28.08.

IQ Healthy Hearts ETF Stock Performance

The firm has a market cap of $6.97 million, a price-to-earnings ratio of 23.36 and a beta of 0.71. The business’s 50 day moving average price is $28.34 and its 200 day moving average price is $27.90.

Institutional Investors Weigh In On IQ Healthy Hearts ETF

Institutional investors have recently added to or reduced their stakes in the stock. Citadel Advisors LLC lifted its holdings in IQ Healthy Hearts ETF by 43.8% in the 2nd quarter. Citadel Advisors LLC now owns 33,737 shares of the company’s stock valued at $960,000 after purchasing an additional 10,268 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of IQ Healthy Hearts ETF during the 1st quarter worth $242,000. JPMorgan Chase & Co. purchased a new position in shares of IQ Healthy Hearts ETF during the 4th quarter worth $75,000. Finally, UBS Group AG raised its holdings in shares of IQ Healthy Hearts ETF by 86.8% during the 4th quarter. UBS Group AG now owns 2,615 shares of the company’s stock worth $70,000 after acquiring an additional 1,215 shares during the period.

IQ Healthy Hearts ETF Company Profile

The IQ Healthy Hearts ETF (HART) is an exchange-traded fund that is based on the IQ Candriam Healthy Hearts index, a market-cap-weighted index composed of global stocks with favorable health-related ESG ratings. HART was launched on Jan 14, 2021 and is managed by IndexIQ.