NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Trading 0.1% Higher – What’s Next?

NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU)’s stock price shot up 0.1% during trading on Tuesday . The company traded as high as $54.68 and last traded at $54.56. 625 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 16,169 shares. The stock had previously closed at $54.48.

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

The stock has a market cap of $267.34 million, a PE ratio of 26.80 and a beta of 1.03. The company’s 50-day moving average price is $53.73 and its two-hundred day moving average price is $51.45.

Institutional Investors Weigh In On NYLI Candriam U.S. Large Cap Equity ETF

Several hedge funds have recently added to or reduced their stakes in IQSU. Envestnet Asset Management Inc. increased its position in shares of NYLI Candriam U.S. Large Cap Equity ETF by 66.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 74,986 shares of the company’s stock valued at $3,989,000 after purchasing an additional 29,980 shares during the last quarter. OLD Mission Capital LLC lifted its position in NYLI Candriam U.S. Large Cap Equity ETF by 47.9% in the 1st quarter. OLD Mission Capital LLC now owns 31,619 shares of the company’s stock worth $1,434,000 after buying an additional 10,246 shares during the last quarter. Financial Gravity Companies Inc. purchased a new stake in NYLI Candriam U.S. Large Cap Equity ETF in the second quarter worth approximately $210,000. Raymond James Financial Inc. grew its position in NYLI Candriam U.S. Large Cap Equity ETF by 11.5% during the second quarter. Raymond James Financial Inc. now owns 10,182 shares of the company’s stock valued at $505,000 after acquiring an additional 1,048 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in NYLI Candriam U.S. Large Cap Equity ETF by 25.2% during the first quarter. NewEdge Advisors LLC now owns 2,482 shares of the company’s stock valued at $113,000 after acquiring an additional 499 shares during the last quarter.

About NYLI Candriam U.S. Large Cap Equity ETF

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.