NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) Stock Price Down 0.2% – Time to Sell?

NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) traded down 0.2% during mid-day trading on Friday . The company traded as low as $20.67 and last traded at $20.75. 14,300 shares changed hands during trading, a decline of 53% from the average session volume of 30,662 shares. The stock had previously closed at $20.80.

NYLI CBRE NextGen Real Estate ETF Stock Down 0.2 %

The company has a market capitalization of $153.55 million, a price-to-earnings ratio of 26.87 and a beta of 0.95. The business’s 50-day moving average is $20.75 and its 200-day moving average is $21.10.

Institutional Inflows and Outflows

An institutional investor recently raised its position in NYLI CBRE NextGen Real Estate ETF stock. Jane Street Group LLC increased its stake in shares of NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) by 30.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,252 shares of the company’s stock after purchasing an additional 3,595 shares during the period. Jane Street Group LLC owned 0.21% of NYLI CBRE NextGen Real Estate ETF worth $338,000 as of its most recent filing with the Securities & Exchange Commission.

NYLI CBRE NextGen Real Estate ETF Company Profile

The IQ U.S. Real Estate Small Cap ETF (ROOF) is an exchange-traded fund that is based on the IQ CBRE NextGen Real Estate index. The fund tracks a tier-weighted index of developed market companies classified under real estate sectors that are expected to benefit from trends affecting property sectors in the global economy.