New York Life Investment Management LLC Decreases Stock Position in NYLI Candriam U.S. Mid Cap Equity ETF $IQSM

New York Life Investment Management LLC reduced its stake in shares of NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) by 3.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 6,163,223 shares of the company’s stock after selling 213,104 shares during the period. NYLI Candriam U.S. Mid Cap Equity ETF makes up 1.8% of New York Life Investment Management LLC’s investment portfolio, making the stock its 9th biggest position. New York Life Investment Management LLC owned about 99.41% of NYLI Candriam U.S. Mid Cap Equity ETF worth $209,012,000 as of its most recent filing with the SEC.

Separately, Seeds Investor LLC increased its stake in NYLI Candriam U.S. Mid Cap Equity ETF by 55.8% in the second quarter. Seeds Investor LLC now owns 77,010 shares of the company’s stock valued at $2,483,000 after acquiring an additional 27,575 shares during the last quarter.

NYLI Candriam U.S. Mid Cap Equity ETF Stock Up 2.8%

Shares of IQSM stock opened at $36.92 on Monday. The business has a 50-day moving average price of $35.52 and a two-hundred day moving average price of $34.39. NYLI Candriam U.S. Mid Cap Equity ETF has a 12-month low of $26.78 and a 12-month high of $36.93. The firm has a market cap of $236.29 million, a P/E ratio of 20.02 and a beta of 1.21.

NYLI Candriam 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.