NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Shares Down 0.2% – Here’s Why

NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) was down 0.2% on Tuesday . The company traded as low as $50.49 and last traded at $50.54. Approximately 543 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 13,580 shares. The stock had previously closed at $50.62.

NYLI Candriam ESG U.S. Large Cap Equity ETF Price Performance

The company’s 50-day moving average price is $49.02 and its two-hundred day moving average price is $47.11. The company has a market capitalization of $419.77 million, a price-to-earnings ratio of 28.69 and a beta of 1.02.

Institutional Trading of NYLI Candriam ESG U.S. Large Cap Equity ETF

Several hedge funds have recently modified their holdings of IQSU. Palisades Hudson Asset Management L.P. bought a new position in shares of NYLI Candriam ESG U.S. Large Cap Equity ETF in the third quarter valued at approximately $206,000. FMR LLC purchased a new stake in NYLI Candriam ESG U.S. Large Cap Equity ETF in the 3rd quarter valued at $225,000. Finally, Jane Street Group LLC lifted its stake in NYLI Candriam ESG U.S. Large Cap Equity ETF by 16.5% during the 3rd quarter. Jane Street Group LLC now owns 17,530 shares of the company’s stock valued at $839,000 after acquiring an additional 2,482 shares in the last quarter.

NYLI Candriam ESG 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.