NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Shares Up 0.4% – Should You Buy?

NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU)’s stock price rose 0.4% during trading on Friday . The company traded as high as $62.93 and last traded at $62.93. Approximately 997 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 12,361 shares. The stock had previously closed at $62.67.

NYLI Candriam U.S. Large Cap Equity ETF Stock Up 0.4%

The company has a 50 day simple moving average of $61.52 and a 200-day simple moving average of $57.56. The stock has a market cap of $339.82 million, a price-to-earnings ratio of 26.80 and a beta of 1.06.

Institutional Trading of NYLI Candriam U.S. Large Cap Equity ETF

A number of large investors have recently modified their holdings of IQSU. Kestra Advisory Services LLC bought a new position in shares of NYLI Candriam U.S. Large Cap Equity ETF in the fourth quarter worth $25,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of NYLI Candriam U.S. Large Cap Equity ETF by 17.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,891 shares of the company’s stock valued at $104,000 after purchasing an additional 280 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of 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 purchasing an additional 499 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in NYLI Candriam U.S. Large Cap Equity ETF by 11.5% in the second quarter. Raymond James Financial Inc. now owns 10,182 shares of the company’s stock worth $505,000 after purchasing an additional 1,048 shares during the period. Finally, OLD Mission Capital LLC acquired a new stake in NYLI Candriam U.S. Large Cap Equity ETF in the fourth quarter worth about $682,000.

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.