The Manufacturers Life Insurance Company Buys New Shares in NYLI CBRE Real Assets ETF $IQRA

The Manufacturers Life Insurance Company bought a new position in NYLI CBRE Real Assets ETF (NYSEARCA:IQRA) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 18,000 shares of the company’s stock, valued at approximately $545,000. The Manufacturers Life Insurance Company owned 0.09% of NYLI CBRE Real Assets ETF at the end of the most recent reporting period.

NYLI CBRE Real Assets ETF Trading Up 0.2%

NYSEARCA IQRA opened at $29.55 on Tuesday. NYLI CBRE Real Assets ETF has a 1-year low of $27.63 and a 1-year high of $31.78. The stock has a 50-day moving average of $30.50 and a 200-day moving average of $30.27. The firm has a market cap of $5.91 million, a PE ratio of 22.39 and a beta of -0.70.

About NYLI CBRE Real Assets ETF

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.