NYLIM Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Stock Price Down 0.2% – Time to Sell?

NYLIM Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU)’s stock price fell 0.2% on Wednesday. The company traded as low as $63.16 and last traded at $63.76. 1,724 shares were traded during trading, a decline of 86% from the average session volume of 12,495 shares. The stock had previously closed at $63.87.

NYLIM Candriam U.S. Large Cap Equity ETF Trading Up 0.7%

The stock has a market cap of $358.39 million, a PE ratio of 26.80 and a beta of 1.06. The company’s 50 day moving average is $62.72 and its 200-day moving average is $60.19.

Institutional Inflows and Outflows

A hedge fund recently raised its position in NYLIM Candriam U.S. Large Cap Equity ETF stock. Paul R. Ried Financial Group LLC grew its position in shares of NYLIM Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) by 20.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 18,893 shares of the company’s stock after purchasing an additional 3,246 shares during the quarter. NYLIM Candriam U.S. Large Cap Equity ETF accounts for 0.4% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 21st largest position. Paul R. Ried Financial Group LLC owned about 0.34% of NYLIM Candriam U.S. Large Cap Equity ETF worth $967,000 at the end of the most recent quarter.

NYLIM 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.