4,919,180 Shares of NYLIM Candriam U.S. Large Cap Equity ETF $IQSU Purchased by New York Life Investment Management LLC

New York Life Investment Management LLC acquired a new position in shares of NYLIM Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,919,180 shares of the company’s stock, valued at approximately $308,059,000. NYLIM Candriam U.S. Large Cap Equity ETF comprises about 2.1% of New York Life Investment Management LLC’s portfolio, making the stock its 8th biggest position. New York Life Investment Management LLC owned approximately 89.44% of NYLIM Candriam U.S. Large Cap Equity ETF as of its most recent SEC filing.

Separately, Paul R. Ried Financial Group LLC raised its stake in shares of NYLIM Candriam U.S. Large Cap Equity ETF by 20.7% in the first quarter. Paul R. Ried Financial Group LLC now owns 18,893 shares of the company’s stock worth $967,000 after acquiring an additional 3,246 shares during the last quarter.

NYLIM Candriam U.S. Large Cap Equity ETF Trading Down 0.1%

Shares of NYSEARCA IQSU opened at $61.55 on Wednesday. NYLIM Candriam U.S. Large Cap Equity ETF has a 1-year low of $49.82 and a 1-year high of $64.00. The company has a 50-day moving average of $62.53 and a two-hundred day moving average of $59.25. The company has a market cap of $338.52 million, a PE ratio of 23.79 and a beta of 1.06.

NYLIM Candriam 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.