NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Trading Down 0.2% – Time to Sell?

NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) dropped 0.2% during mid-day trading on Tuesday . The stock traded as low as $50.49 and last traded at $50.54. 543 shares changed hands during trading, a decline of 96% from the average daily volume of 13,580 shares. The stock had previously closed at $50.62.

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

The company has a market cap of $434.61 million, a P/E ratio of 28.69 and a beta of 1.02. The business has a fifty day simple moving average of $48.97 and a 200 day simple moving average of $47.08.

Institutional Trading of NYLI Candriam ESG U.S. Large Cap Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Palisades Hudson Asset Management L.P. acquired a new stake in shares of NYLI Candriam ESG U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $206,000. FMR LLC bought a new position in NYLI Candriam ESG U.S. Large Cap Equity ETF during the 3rd quarter worth $225,000. Finally, Jane Street Group LLC grew its stake in NYLI Candriam ESG U.S. Large Cap Equity ETF by 16.5% during the 3rd quarter. Jane Street Group LLC now owns 17,530 shares of the company’s stock worth $839,000 after buying an additional 2,482 shares during the last quarter.

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.