New York Life Investment Management LLC Sells 387,337 Shares of NYLI Candriam U.S. Mid Cap Equity ETF $IQSM

New York Life Investment Management LLC trimmed its position in shares of NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,775,886 shares of the company’s stock after selling 387,337 shares during the quarter. NYLI Candriam U.S. Mid Cap Equity ETF accounts for 1.7% of New York Life Investment Management LLC’s portfolio, making the stock its 11th largest position. New York Life Investment Management LLC owned approximately 90.25% of NYLI Candriam U.S. Mid Cap Equity ETF worth $199,961,000 at the end of the most recent reporting period.

Separately, Rossby Financial LCC bought a new position in shares of NYLI Candriam U.S. Mid Cap Equity ETF during the third quarter worth $111,000.

NYLI Candriam U.S. Mid Cap Equity ETF Stock Up 0.4%

Shares of NYSEARCA IQSM opened at $37.66 on Friday. The company’s fifty day moving average is $36.01 and its 200-day moving average is $35.54. The stock has a market cap of $320.11 million, a price-to-earnings ratio of 20.02 and a beta of 1.10. NYLI Candriam U.S. Mid Cap Equity ETF has a twelve month low of $31.17 and a twelve month high of $38.06.

About NYLI Candriam U.S. Mid Cap Equity ETF

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.