New York Life Investment Management LLC Raises Holdings in IQ Candriam ESG U.S. Mid Cap Equity ETF (NYSEARCA:IQSM)

New York Life Investment Management LLC boosted its stake in shares of IQ Candriam ESG U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,469,434 shares of the company’s stock after purchasing an additional 187,376 shares during the quarter. IQ Candriam ESG U.S. Mid Cap Equity ETF comprises 2.0% of New York Life Investment Management LLC’s holdings, making the stock its 6th largest holding. New York Life Investment Management LLC owned 212.11% of IQ Candriam ESG U.S. Mid Cap Equity ETF worth $194,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

IQ Candriam ESG U.S. Mid Cap Equity ETF Price Performance

NYSEARCA IQSM traded up $0.05 during trading on Wednesday, hitting $29.87. The company’s stock had a trading volume of 23 shares, compared to its average volume of 13,466. IQ Candriam ESG U.S. Mid Cap Equity ETF has a fifty-two week low of $24.65 and a fifty-two week high of $32.34. The company has a market cap of $200.13 million, a PE ratio of 17.37 and a beta of 1.08. The business’s 50 day simple moving average is $31.08 and its 200-day simple moving average is $29.35.

IQ Candriam ESG U.S. Mid Cap Equity ETF Profile

The Iq Candriam ESG U.S. Mid Cap Equity ETF (IQSM) is an exchange-traded fund that is based on the IQ Candriam ESG U.S. Mid Cap Equity index. The fund tracks a market cap-weighted index that provides exposure to US mid-cap stocks that meet environmental, social, and corporate governance criteria. IQSM was launched on Oct 25, 2022 and is managed by IndexIQ.