IQ Candriam ESG International Equity ETF (NYSEARCA:IQSI) is New York Life Investment Management LLC’s 8th Largest Position

New York Life Investment Management LLC reduced its stake in IQ Candriam ESG International Equity ETF (NYSEARCA:IQSI) by 3.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,143,061 shares of the company’s stock after selling 201,413 shares during the period. IQ Candriam ESG International Equity ETF comprises about 1.8% of New York Life Investment Management LLC’s holdings, making the stock its 8th biggest position. New York Life Investment Management LLC owned about 0.89% of IQ Candriam ESG International Equity ETF worth $171,699,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Boston Financial Mangement LLC raised its position in IQ Candriam ESG International Equity ETF by 5.0% during the 3rd quarter. Boston Financial Mangement LLC now owns 22,416 shares of the company’s stock worth $577,000 after buying an additional 1,073 shares during the last quarter. Golden State Equity Partners raised its position in IQ Candriam ESG International Equity ETF by 5.0% during the 4th quarter. Golden State Equity Partners now owns 45,036 shares of the company’s stock worth $1,259,000 after buying an additional 2,129 shares during the last quarter. Finally, Atria Investments Inc purchased a new position in IQ Candriam ESG International Equity ETF during the 3rd quarter worth approximately $1,049,000.

IQ Candriam ESG International Equity ETF Price Performance

IQSI traded down $0.06 during trading on Wednesday, reaching $28.73. 8,663 shares of the company’s stock were exchanged, compared to its average volume of 19,557. IQ Candriam ESG International Equity ETF has a 1 year low of $24.54 and a 1 year high of $30.53. The stock has a market capitalization of $183.87 million, a P/E ratio of 14.93 and a beta of 0.81. The company’s fifty day simple moving average is $29.36 and its 200-day simple moving average is $27.95.

IQ Candriam ESG International Equity ETF Profile

The IQ Candriam ESG International Equity ETF (IQSI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a proprietary index of developed-market stocks selected by ESG criteria and weighted by market-cap. IQSI was launched on Dec 17, 2019 and is managed by IndexIQ.