NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Stock Price Up 0.4% – Should You Buy?

Shares of NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) shot up 0.4% on Thursday . The stock traded as high as $49.98 and last traded at $49.98. 568 shares were traded during trading, a decline of 92% from the average session volume of 7,398 shares. The stock had previously closed at $49.79.

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

The company has a fifty day moving average of $49.43 and a two-hundred day moving average of $47.75. The stock has a market capitalization of $428.54 million, a P/E ratio of 28.69 and a beta of 1.02.

Institutional Investors Weigh In On NYLI Candriam ESG U.S. Large Cap Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Palisades Hudson Asset Management L.P. acquired a new position in NYLI Candriam ESG U.S. Large Cap Equity ETF in the 3rd quarter worth approximately $206,000. FMR LLC acquired a new position in NYLI Candriam ESG U.S. Large Cap Equity ETF in the 3rd quarter worth about $225,000. Jane Street Group LLC raised its position in NYLI Candriam ESG U.S. Large Cap Equity ETF by 16.5% during the third 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. Finally, Paul R. Ried Financial Group LLC acquired a new position in NYLI Candriam ESG U.S. Large Cap Equity ETF during the fourth quarter worth $632,000.

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.