NYLIM Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) Sees Significant Growth in Short Interest

NYLIM Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 1,980 shares, an increase of 98,900.0% from the October 15th total of 2 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 17,533 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On NYLIM Winslow Focused Large Cap Growth ETF

An institutional investor recently bought a new stake in NYLIM Winslow Focused Large Cap Growth ETF stock. New York Life Investment Management LLC bought a new stake in NYLIM Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 859,507 shares of the company’s stock, valued at approximately $48,011,000. New York Life Investment Management LLC owned about 179.06% of NYLIM Winslow Focused Large Cap Growth ETF at the end of the most recent reporting period.

NYLIM Winslow Focused Large Cap Growth ETF Stock Down 0.7%

Shares of NYSEARCA:IWFG opened at $51.03 on Wednesday. The stock has a market cap of $33.68 million, a price-to-earnings ratio of 26.53 and a beta of 1.17. NYLIM Winslow Focused Large Cap Growth ETF has a 12-month low of $44.81 and a 12-month high of $56.88. The business’s 50 day moving average is $54.26 and its 200 day moving average is $52.56.

NYLIM Winslow Focused Large Cap Growth ETF Company Profile

The IQ Winslow Focused Large Cap Growth ETF (IWFG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US large-cap growth companies. It limits the number of its holdings, selecting only the top growth stocks using a bottom-up investment approach IWFG was launched on Jun 23, 2022 and is managed by IndexIQ.