NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Shares Up 0.5% – Should You Buy?

Shares of NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) rose 0.5% during trading on Wednesday . The company traded as high as $53.68 and last traded at $53.68. Approximately 2,294 shares were traded during trading, a decline of 87% from the average daily volume of 18,028 shares. The stock had previously closed at $53.43.

NYLI Candriam U.S. Large Cap Equity ETF Trading Up 0.5%

The business’s 50 day moving average is $51.66 and its 200 day moving average is $48.62. The stock has a market capitalization of $268.40 million, a PE ratio of 26.80 and a beta of 1.05.

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

A number of large investors have recently made changes to their positions in IQSU. Paul R. Ried Financial Group LLC boosted its stake in shares of NYLI Candriam U.S. Large Cap Equity ETF by 10.2% during the 1st quarter. Paul R. Ried Financial Group LLC now owns 14,393 shares of the company’s stock worth $653,000 after purchasing an additional 1,331 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of NYLI Candriam U.S. Large Cap Equity ETF by 177.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 22,583 shares of the company’s stock worth $1,024,000 after purchasing an additional 14,452 shares during the period. Financial Gravity Asset Management Inc. purchased a new position in shares of NYLI Candriam U.S. Large Cap Equity ETF during the 1st quarter worth about $192,000. IFP Advisors Inc boosted its position 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 valued at $714,000 after buying an additional 783 shares during the period. Finally, OLD Mission Capital LLC boosted its position in NYLI Candriam U.S. Large Cap Equity ETF by 47.9% in the 1st quarter. OLD Mission Capital LLC now owns 31,619 shares of the company’s stock valued at $1,434,000 after buying an additional 10,246 shares during the period.

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.