New York Life Investment Management LLC Lowers Holdings in IQ 500 International ETF (NYSEARCA:IQIN)

New York Life Investment Management LLC decreased its position in IQ 500 International ETF (NYSEARCA:IQIN) by 4.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,191,469 shares of the company’s stock after selling 233,041 shares during the quarter. IQ 500 International ETF accounts for approximately 1.7% of New York Life Investment Management LLC’s holdings, making the stock its 9th biggest holding. New York Life Investment Management LLC owned approximately 0.82% of IQ 500 International ETF worth $170,183,000 at the end of the most recent reporting period.

Separately, Raymond James Financial Services Advisors Inc. bought a new stake in shares of IQ 500 International ETF in the 4th quarter worth about $430,000.

IQ 500 International ETF Price Performance

Shares of IQIN traded down $0.09 during trading hours on Wednesday, hitting $33.25. The stock had a trading volume of 7,048 shares, compared to its average volume of 20,227. IQ 500 International ETF has a 52 week low of $29.07 and a 52 week high of $34.52. The company’s fifty day moving average is $33.63 and its two-hundred day moving average is $32.43. The stock has a market capitalization of $192.85 million, a price-to-earnings ratio of 10.71 and a beta of 0.75.

IQ 500 International ETF Company Profile

The IQ 500 International ETF (IQIN) is an exchange-traded fund that is based on the IQ 500 International index. The fund tracks an index of developed market ex-US stocks. The index uses fundamental factors for selection and weighting. IQIN was launched on Dec 13, 2018 and is managed by IndexIQ.