Evolve Private Wealth LLC Makes New $1.28 Million Investment in NYLI CBRE Real Assets ETF $IQRA

Evolve Private Wealth LLC purchased a new stake in shares of NYLI CBRE Real Assets ETF (NYSEARCA:IQRA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 84,455 shares of the company’s stock, valued at approximately $1,284,000. Evolve Private Wealth LLC owned 42.23% of NYLI CBRE Real Assets ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new position in shares of NYLI CBRE Real Assets ETF during the 2nd quarter worth about $334,000. Jane Street Group LLC bought a new stake in NYLI CBRE Real Assets ETF during the 2nd quarter valued at approximately $284,000. Finally, The Manufacturers Life Insurance Company bought a new stake in NYLI CBRE Real Assets ETF during the 2nd quarter valued at approximately $494,000.

NYLI CBRE Real Assets ETF Price Performance

IQRA opened at $30.49 on Monday. The stock’s 50 day moving average price is $30.55 and its two-hundred day moving average price is $30.29. The firm has a market capitalization of $6.10 million, a P/E ratio of 22.39 and a beta of 0.63. NYLI CBRE Real Assets ETF has a 12-month low of $27.63 and a 12-month high of $31.78.

NYLI CBRE Real Assets ETF Profile

The IQ CBRE Real Assets ETF (IQRA) is an exchange-traded fund that is based on the MSCI World index. The fund is an actively managed equity strategy that invests globally in companies tied to real assets, such as infrastructure and real estate. The fund seeks total return through growth and income IQRA was launched on May 10, 2023 and is managed by IndexIQ.