IQ Real Return ETF (NYSEARCA:CPI – Get Free Report)’s share price dropped 0% on Tuesday. The company traded as low as $25.58 and last traded at $25.60. Approximately 500 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 1,842 shares. The stock had previously closed at $25.61.
IQ Real Return ETF Stock Performance
The company has a market capitalization of $7.68 million, a price-to-earnings ratio of 18.48 and a beta of 0.27. The firm’s 50-day simple moving average is $25.60 and its 200-day simple moving average is $25.60.
IQ Real Return ETF Company Profile
CPI Inflation Hedged ETF seeks investment results, which correspond to the price and yield performance of the IQ CPI Inflation Hedged Index. The Index seeks to provide a hedge against the United States inflation rate by providing a real return or a return above the rate of inflation, as represented by the Consumer Price Index, which is published by the Bureau of Labor Statistics and is a measure of the average change in prices over time of goods and services purchased by households.
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