New York Life Investment Management LLC Sells 844,587 Shares of NYLI Candriam U.S. Large Cap Equity ETF $IQSU

New York Life Investment Management LLC cut its stake in NYLI Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) by 18.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,685,253 shares of the company’s stock after selling 844,587 shares during the quarter. NYLI Candriam U.S. Large Cap Equity ETF makes up 1.7% of New York Life Investment Management LLC’s portfolio, making the stock its 9th biggest holding. New York Life Investment Management LLC owned 80.11% of NYLI Candriam U.S. Large Cap Equity ETF worth $201,761,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in shares of NYLI Candriam U.S. Large Cap Equity ETF by 66.6% in the third quarter. Envestnet Asset Management Inc. now owns 74,986 shares of the company’s stock worth $3,989,000 after acquiring an additional 29,980 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of 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 acquiring an additional 1,048 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of NYLI Candriam U.S. Large Cap Equity ETF by 0.6% in the second quarter. Captrust Financial Advisors now owns 50,655 shares of the company’s stock worth $2,512,000 after acquiring an additional 300 shares during the last quarter. Bank of America Corp DE increased its stake in shares of NYLI Candriam U.S. Large Cap Equity ETF by 1.0% in the third quarter. Bank of America Corp DE now owns 36,804 shares of the company’s stock worth $1,958,000 after acquiring an additional 364 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of NYLI Candriam U.S. Large Cap Equity ETF by 25.2% in the first quarter. NewEdge Advisors LLC now owns 2,482 shares of the company’s stock worth $113,000 after acquiring an additional 499 shares during the last quarter.

NYLI Candriam U.S. Large Cap Equity ETF Trading Up 0.1%

NYSEARCA IQSU opened at $60.38 on Friday. The company has a market capitalization of $332.09 million, a PE ratio of 26.80 and a beta of 1.06. NYLI Candriam U.S. Large Cap Equity ETF has a 1-year low of $46.09 and a 1-year high of $61.00. The firm’s fifty day simple moving average is $54.62 and its 200-day simple moving average is $54.65.

NYLI Candriam U.S. Large Cap Equity ETF 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.