NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Stock Price Up 0.6% – What’s Next?

Shares of NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) rose 0.6% during mid-day trading on Tuesday . The company traded as high as $53.20 and last traded at $53.13. Approximately 1,608 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 26,788 shares. The stock had previously closed at $52.81.

NYLI Candriam U.S. Large Cap Equity ETF Price Performance

The firm’s fifty day moving average price is $54.70 and its 200-day moving average price is $54.03. The company has a market cap of $244.40 million, a price-to-earnings ratio of 26.80 and a beta of 1.03.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IQSU. Envestnet Asset Management Inc. grew its position in NYLI Candriam U.S. Large Cap Equity ETF by 66.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 74,986 shares of the company’s stock worth $3,989,000 after purchasing an additional 29,980 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of NYLI Candriam U.S. Large Cap Equity ETF by 43.9% during the fourth quarter. NewEdge Advisors LLC now owns 3,756 shares of the company’s stock valued at $206,000 after buying an additional 1,145 shares during the last quarter. OLD Mission Capital LLC bought a new stake in shares of NYLI Candriam U.S. Large Cap Equity ETF during the fourth quarter valued at approximately $682,000. Goldman Sachs Group Inc. acquired a new position in shares of NYLI Candriam U.S. Large Cap Equity ETF during the fourth quarter worth approximately $6,866,000. Finally, Bank of America Corp DE boosted its position in shares of NYLI Candriam U.S. Large Cap Equity ETF by 1.0% during the third quarter. Bank of America Corp DE now owns 36,804 shares of the company’s stock worth $1,958,000 after buying an additional 364 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.