New York Life Investment Management LLC Makes New Investment in NYLIM Candriam U.S. Large Cap Equity ETF $IQSU

New York Life Investment Management LLC bought a new stake in NYLIM Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,919,180 shares of the company’s stock, valued at approximately $308,059,000. NYLIM Candriam U.S. Large Cap Equity ETF accounts for about 2.1% of New York Life Investment Management LLC’s holdings, making the stock its 8th largest position. New York Life Investment Management LLC owned 0.89% of NYLIM Candriam U.S. Large Cap Equity ETF at the end of the most recent reporting period.

Separately, Paul R. Ried Financial Group LLC raised its position in shares of NYLIM Candriam U.S. Large Cap Equity ETF by 20.7% during the first quarter. Paul R. Ried Financial Group LLC now owns 18,893 shares of the company’s stock worth $967,000 after acquiring an additional 3,246 shares during the last quarter.

NYLIM Candriam U.S. Large Cap Equity ETF Stock Down 0.1%

Shares of IQSU opened at $61.55 on Wednesday. The stock’s fifty day simple moving average is $62.53 and its 200-day simple moving average is $59.25. The firm has a market capitalization of $338.52 million, a PE ratio of 23.79 and a beta of 1.06. NYLIM Candriam U.S. Large Cap Equity ETF has a 12-month low of $49.82 and a 12-month high of $64.00.

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.