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

NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) traded down 0.2% during trading on Tuesday . The company traded as low as $50.49 and last traded at $50.54. 543 shares changed hands during trading, a decline of 96% from the average session 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 stock has a market capitalization of $419.77 million, a PE ratio of 28.69 and a beta of 1.02. The firm’s 50 day simple moving average is $49.02 and its 200 day simple moving average is $47.11.

Institutional Inflows and Outflows

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

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.