NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) Trading Down 0.2% – Here’s What Happened

NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF)’s stock price traded down 0.2% during mid-day trading on Monday . The company traded as low as $20.67 and last traded at $20.75. 14,300 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 30,662 shares. The stock had previously closed at $20.80.

NYLI CBRE NextGen Real Estate ETF Stock Performance

The company has a market capitalization of $153.55 million, a PE ratio of 25.25 and a beta of 0.95. The stock’s 50-day simple moving average is $20.95 and its 200 day simple moving average is $20.81.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. New York Life Investment Management LLC lifted its position in shares of NYLI CBRE NextGen Real Estate ETF by 0.4% in the second quarter. New York Life Investment Management LLC now owns 6,621,762 shares of the company’s stock valued at $126,345,000 after acquiring an additional 26,789 shares in the last quarter. Family Wealth Partners LLC purchased a new position in NYLI CBRE NextGen Real Estate ETF during the third quarter worth approximately $239,000. Finally, Jane Street Group LLC boosted its holdings in NYLI CBRE NextGen Real Estate ETF by 30.8% in the third quarter. Jane Street Group LLC now owns 15,252 shares of the company’s stock valued at $338,000 after acquiring an additional 3,595 shares during the last quarter.

NYLI CBRE NextGen Real Estate ETF Company Profile

The IQ U.S. Real Estate Small Cap ETF (ROOF) is an exchange-traded fund that is based on the IQ CBRE NextGen Real Estate index. The fund tracks a tier-weighted index of developed market companies classified under real estate sectors that are expected to benefit from trends affecting property sectors in the global economy.