IQ Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Trading Down 0.5%

IQ Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU)’s stock price was down 0.5% during trading on Thursday . The stock traded as low as $42.36 and last traded at $42.76. Approximately 1,788 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 17,799 shares. The stock had previously closed at $42.98.

IQ Candriam ESG U.S. Large Cap Equity ETF Stock Performance

The firm has a market cap of $375.83 million, a P/E ratio of 27.90 and a beta of 1.03. The company’s 50 day moving average is $43.49 and its 200 day moving average is $41.54.

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

A hedge fund recently bought a new stake in IQ Candriam ESG U.S. Large Cap Equity ETF stock. Waterloo Capital L.P. purchased a new stake in shares of IQ Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 31,031 shares of the company’s stock, valued at approximately $1,303,000. Waterloo Capital L.P. owned about 0.31% of IQ Candriam ESG U.S. Large Cap Equity ETF as of its most recent SEC filing.

About IQ Candriam ESG U.S. Large Cap Equity ETF

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.