New York Life Investment Management LLC Makes New $351.91 Million Investment in NYLIM Candriam U.S. Mid Cap Equity ETF $IQSM

New York Life Investment Management LLC acquired a new position in shares of NYLIM Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,153,879 shares of the company’s stock, valued at approximately $351,912,000. NYLIM Candriam U.S. Mid Cap Equity ETF accounts for 2.4% of New York Life Investment Management LLC’s holdings, making the stock its 7th biggest holding. New York Life Investment Management LLC owned 83.22% of NYLIM Candriam U.S. Mid Cap Equity ETF as of its most recent SEC filing.

NYLIM Candriam U.S. Mid Cap Equity ETF Trading Down 0.2%

NYSEARCA:IQSM opened at $39.72 on Wednesday. NYLIM Candriam U.S. Mid Cap Equity ETF has a 1 year low of $32.77 and a 1 year high of $40.88. The stock has a market cap of $436.92 million, a price-to-earnings ratio of 20.69 and a beta of 1.06. The stock has a 50-day moving average price of $39.12 and a two-hundred day moving average price of $38.05.

NYLIM Candriam U.S. Mid Cap Equity ETF Profile

The Iq Candriam ESG U.S. Mid Cap Equity ETF (IQSM) is an exchange-traded fund that is based on the IQ Candriam ESG U.S. Mid Cap Equity index. The fund tracks a market cap-weighted index that provides exposure to US mid-cap stocks that meet environmental, social, and corporate governance criteria. IQSM was launched on Oct 25, 2022 and is managed by IndexIQ.