NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) Sees Large Decline in Short Interest

NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,966 shares, a drop of 59.9% from the May 31st total of 4,907 shares. Based on an average trading volume of 21,826 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of NYLI Winslow Large Cap Growth ETF

A hedge fund recently bought a new position in NYLI Winslow Large Cap Growth ETF stock. Kingswood Wealth Advisors LLC acquired a new stake in NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 20,613 shares of the company’s stock, valued at approximately $1,117,000. Kingswood Wealth Advisors LLC owned approximately 0.16% of NYLI Winslow Large Cap Growth ETF at the end of the most recent reporting period.

NYLI Winslow Large Cap Growth ETF Stock Performance

NYSEARCA:IWLG traded up $1.21 during mid-day trading on Monday, hitting $55.56. The stock had a trading volume of 15,238 shares, compared to its average volume of 107,708. NYLI Winslow Large Cap Growth ETF has a twelve month low of $45.71 and a twelve month high of $58.17. The stock has a market cap of $744.50 million, a price-to-earnings ratio of 43.43 and a beta of 1.20. The company’s 50 day simple moving average is $55.42 and its 200 day simple moving average is $53.04.

NYLI Winslow Large Cap Growth ETF Company Profile

The IQ Winslow Large Cap Growth ETF (IWLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US large-cap growth companies, selected using a bottom-up investment approach. The fund utilizes the Natixis\u002FNYSE non-transparent model IWLG was launched on Jun 23, 2022 and is managed by IndexIQ.