Envestnet Asset Management Inc. Purchases Shares of 8,131 NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU)

Envestnet Asset Management Inc. acquired a new position in shares of NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,131 shares of the company’s stock, valued at approximately $394,000. Envestnet Asset Management Inc. owned approximately 0.09% of NYLI Candriam ESG U.S. Large Cap Equity ETF at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. OLD Mission Capital LLC raised its holdings in NYLI Candriam ESG U.S. Large Cap Equity ETF by 10.3% during the fourth quarter. OLD Mission Capital LLC now owns 21,373 shares of the company’s stock worth $1,035,000 after buying an additional 1,996 shares during the last quarter. Paul R. Ried Financial Group LLC bought a new stake in shares of NYLI Candriam ESG U.S. Large Cap Equity ETF during the fourth quarter worth about $632,000. Finally, Palisades Hudson Asset Management L.P. raised its holdings in shares of NYLI Candriam ESG U.S. Large Cap Equity ETF by 18.5% in the 4th quarter. Palisades Hudson Asset Management L.P. now owns 5,107 shares of the company’s stock worth $247,000 after acquiring an additional 796 shares during the last quarter.

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

Shares of NYSEARCA IQSU opened at $45.74 on Tuesday. The stock has a market cap of $347.62 million, a price-to-earnings ratio of 25.92 and a beta of 1.06. NYLI Candriam ESG U.S. Large Cap Equity ETF has a fifty-two week low of $39.33 and a fifty-two week high of $50.74. The firm’s 50-day simple moving average is $44.67 and its 200 day simple moving average is $47.58.

About NYLI Candriam ESG 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.