NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) Trading Down 0.2% – Here’s What Happened
by Sarita Garza · The Markets DailyNYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF – Get Free Report) fell 0.2% during mid-day trading on Thursday . 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 79% from the average session volume of 69,150 shares. The stock had previously closed at $20.80.
NYLI CBRE NextGen Real Estate ETF Price Performance
The stock has a market capitalization of $153.55 million, a PE ratio of 26.87 and a beta of 0.95. The business’s fifty day moving average price is $20.75 and its two-hundred day moving average price is $20.75.
About NYLI CBRE NextGen Real Estate ETF
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. ROOF was launched on Jun 14, 2011 and is managed by IndexIQ.