IQ Real Return ETF (NYSEARCA:CPI) Trading Down 0% – Here’s What Happened

IQ Real Return ETF (NYSEARCA:CPIGet Free Report) shares fell 0% on Monday . The company traded as low as $25.58 and last traded at $25.60. 500 shares traded hands during trading, a decline of 73% from the average session volume of 1,842 shares. The stock had previously closed at $25.61.

IQ Real Return ETF Stock Performance

The company has a market cap of $7.68 million, a P/E ratio of 17.26 and a beta of 0.27. The business’s fifty day moving average is $25.60 and its two-hundred day moving average is $25.60.

IQ Real Return ETF Company Profile

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CPI Inflation Hedged ETF seeks investment results, which correspond to the price and yield performance of the IQ CPI Inflation Hedged Index. The Index seeks to provide a hedge against the United States inflation rate by providing a real return or a return above the rate of inflation, as represented by the Consumer Price Index, which is published by the Bureau of Labor Statistics and is a measure of the average change in prices over time of goods and services purchased by households.

Further Reading

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