N.E.W. Advisory Services LLC Has $497,000 Stock Holdings in IQ 500 International ETF (NYSEARCA:IQIN)

N.E.W. Advisory Services LLC grew its stake in shares of IQ 500 International ETF (NYSEARCA:IQIN) by 16.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,167 shares of the company’s stock after acquiring an additional 2,149 shares during the period. N.E.W. Advisory Services LLC’s holdings in IQ 500 International ETF were worth $497,000 as of its most recent SEC filing.

Separately, Raymond James Financial Services Advisors Inc. acquired a new stake in IQ 500 International ETF in the 4th quarter valued at $430,000.

IQ 500 International ETF Price Performance

Shares of IQIN stock traded up $0.24 on Monday, reaching $34.18. 4,881 shares of the stock were exchanged, compared to its average volume of 19,674. IQ 500 International ETF has a one year low of $29.07 and a one year high of $34.52. The stock has a market cap of $198.22 million, a PE ratio of 10.71 and a beta of 0.75. The stock has a 50 day moving average price of $33.69 and a 200 day moving average price of $32.54.

About IQ 500 International ETF

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.