Short Interest in NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) Expands By 403.6%

NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 25,130 shares, a growth of 403.6% from the June 30th total of 4,990 shares. Based on an average trading volume of 13,459 shares, the short-interest ratio is presently 1.9 days. Approximately 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On NYLI Winslow Large Cap Growth ETF

A hedge fund recently bought a new position in NYLI Winslow Large Cap Growth ETF stock. Kingswood Wealth Advisors LLC bought a new stake in NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,613 shares of the company’s stock, valued at approximately $1,117,000. Kingswood Wealth Advisors LLC owned approximately 0.16% of NYLI Winslow Large Cap Growth ETF at the end of the most recent reporting period.

NYLI Winslow Large Cap Growth ETF Trading Down 0.9%

NYSEARCA IWLG traded down $0.49 on Friday, hitting $54.29. 5,156 shares of the company were exchanged, compared to its average volume of 96,080. The company has a market cap of $304.02 million, a PE ratio of 43.43 and a beta of 1.20. The stock has a fifty day moving average of $55.92 and a 200-day moving average of $53.26. NYLI Winslow Large Cap Growth ETF has a 12 month low of $45.71 and a 12 month high of $58.17.

About NYLI Winslow Large Cap Growth ETF

The IQ Winslow Large Cap Growth ETF (IWLG) 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, selected using a bottom-up investment approach. The fund utilizes the Natixis\u002FNYSE non-transparent model IWLG was launched on Jun 23, 2022 and is managed by IndexIQ.