IQ CBRE NextGen Real Estate ETF (NYSEARCA:ROOF – Get Free Report ) rose 1.2% in midday trading on Friday. The company's shares traded as high as $19.08 and last traded at $19.08. Approximately 1,022 shares were traded during midday trading, down 87% from the average daily trading volume of 7,908 shares. The stock had previously closed at $18.85.
IQ CBRE NextGen Real Estate ETF shares up 1.2%
The company's 50-day simple moving average is $18.96 and its 200-day simple moving average is $19.34. The company has a market cap of $141.19 million, a P/E ratio of 25.25 and a beta of 0.95.
Institutional Investors Turn to IQ CBRE NextGen Real Estate ETF
Institutional investors recently bought new positions in IQ CBRE NextGen Real Estate ETF shares. New York Life Investment Management LLC bought a new position in IQ CBRE NextGen Real Estate ETF (NYSEARCA:ROOF – free report) during the fourth quarter, according to its latest Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,475,618 shares of the company, valued at approximately $132,297,000. IQ CBRE NextGen Real Estate ETF represents approximately 1.4% of New York Life Investment Management LLC's investment portfolio, making it the 12th largest holding. New York Life Investment Management LLC held approximately 588.69% of IQ CBRE NextGen Real Estate ETF as of the latest SEC filing.
IQ CBRE NextGen Real Estate ETF Company Profile
(Get your free report)
IQ US Real Estate Small Cap ETF (ROOF) is an exchange-traded fund based on the IQ CBRE NextGen Real Estate Index. The fund tracks a tiered-weighted index of developed market companies classified in the real estate sector that are expected to benefit from trends affecting the real estate sector of the global economy.
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