LPL Financial LLC Reduces Stock Holdings in NYLI Candriam U.S. Large Cap Equity ETF $IQSU

LPL Financial LLC reduced its position in NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) by 18.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,497 shares of the company’s stock after selling 6,299 shares during the quarter. LPL Financial LLC owned approximately 0.37% of NYLI Candriam U.S. Large Cap Equity ETF worth $1,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in IQSU. IFP Advisors Inc increased its holdings in NYLI Candriam U.S. Large Cap Equity ETF by 5.2% in the 1st quarter. IFP Advisors Inc now owns 15,737 shares of the company’s stock worth $714,000 after acquiring an additional 783 shares during the last quarter. Paul R. Ried Financial Group LLC lifted its holdings in NYLI Candriam U.S. Large Cap Equity ETF by 10.2% during the first quarter. Paul R. Ried Financial Group LLC now owns 14,393 shares of the company’s stock valued at $653,000 after purchasing an additional 1,331 shares during the last quarter. MGO One Seven LLC boosted its position in NYLI Candriam U.S. Large Cap Equity ETF by 13.8% during the fourth quarter. MGO One Seven LLC now owns 16,067 shares of the company’s stock worth $778,000 after purchasing an additional 1,953 shares during the period. Financial Gravity Asset Management Inc. bought a new position in NYLI Candriam U.S. Large Cap Equity ETF during the first quarter worth about $192,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of NYLI Candriam U.S. Large Cap Equity ETF during the 4th quarter valued at approximately $394,000.

NYLI Candriam U.S. Large Cap Equity ETF Trading Up 1.6%

IQSU opened at $51.20 on Friday. The company has a 50 day moving average of $49.82 and a 200 day moving average of $47.54. The company has a market cap of $358.40 million, a PE ratio of 26.80 and a beta of 1.05. NYLI Candriam U.S. Large Cap Equity ETF has a 12 month low of $39.33 and a 12 month high of $51.33.

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.