Short Interest in NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) Expands By 153.8%

NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 4,990 shares, an increase of 153.8% from the June 15th total of 1,966 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 16,086 shares, the short-interest ratio is currently 0.3 days.

NYLI Winslow Large Cap Growth ETF Trading Up 0.1%

Shares of IWLG traded up $0.05 during midday trading on Wednesday, reaching $56.64. 25,903 shares of the stock were exchanged, compared to its average volume of 99,872. The company has a market capitalization of $322.85 million, a P/E ratio of 43.43 and a beta of 1.20. NYLI Winslow Large Cap Growth ETF has a 52 week low of $45.71 and a 52 week high of $58.17. The company’s 50 day moving average is $56.04 and its two-hundred day moving average is $53.22.

Institutional Investors Weigh In On NYLI Winslow Large Cap Growth ETF

A hedge fund recently bought a new stake in NYLI Winslow Large Cap Growth ETF stock. Kingswood Wealth Advisors LLC bought a new position in shares of NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,613 shares of the company’s stock, valued at approximately $1,117,000. Kingswood Wealth Advisors LLC owned 0.16% of NYLI Winslow Large Cap Growth ETF as of its most recent SEC filing.

About NYLI Winslow Large Cap Growth ETF

The IQ Winslow Large Cap Growth ETF (IWLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US large-cap growth companies, selected using a bottom-up investment approach. The fund utilizes the Natixis\u002FNYSE non-transparent model IWLG was launched on Jun 23, 2022 and is managed by IndexIQ.