NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Stock Price Down 0.4% – What’s Next?

NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU)’s stock price dropped 0.4% during mid-day trading on Friday . The company traded as low as $60.61 and last traded at $60.64. 2,187 shares changed hands during trading, a decline of 85% from the average session volume of 14,546 shares. The stock had previously closed at $60.90.

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

The business has a 50 day moving average price of $59.88 and a two-hundred day moving average price of $56.20. The company has a market cap of $333.52 million, a P/E ratio of 26.80 and a beta of 1.07.

Hedge Funds Weigh In On NYLI Candriam U.S. Large Cap Equity ETF

Large investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC bought a new stake in NYLI Candriam U.S. Large Cap Equity ETF during the 4th quarter valued at $25,000. Northwestern Mutual Wealth Management Co. grew its holdings in NYLI Candriam U.S. Large Cap Equity ETF by 17.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,891 shares of the company’s stock worth $104,000 after acquiring an additional 280 shares during the last quarter. NewEdge Advisors LLC grew its holdings in NYLI Candriam U.S. Large Cap Equity ETF by 25.2% in the 1st quarter. NewEdge Advisors LLC now owns 2,482 shares of the company’s stock worth $113,000 after acquiring an additional 499 shares during the last quarter. Raymond James Financial Inc. grew its holdings in NYLI Candriam U.S. Large Cap Equity ETF by 11.5% in the 2nd quarter. Raymond James Financial Inc. now owns 10,182 shares of the company’s stock worth $505,000 after acquiring an additional 1,048 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new position in shares of NYLI Candriam U.S. Large Cap Equity ETF in the fourth quarter valued at about $682,000.

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.