IQ Real Return ETF (NYSEARCA:CPI) Stock Price Down 0% – What’s Next?

by · The Markets Daily

IQ Real Return ETF (NYSEARCA:CPIGet Free Report)’s share price was down 0% on Friday . The stock traded as low as $25.58 and last traded at $25.60. Approximately 500 shares changed hands during trading, a decline of 73% from the average daily volume of 1,842 shares. The stock had previously closed at $25.61.

IQ Real Return ETF Trading Down 0.0%

The stock has a market capitalization of $7.68 million, a PE ratio of 18.48 and a beta of 0.27. The firm has a 50-day moving average price of $25.60 and a 200-day moving average price of $25.60.

About IQ Real Return ETF

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CPI Inflation Hedged ETF seeks investment results, which correspond to the price and yield performance of the IQ CPI Inflation Hedged Index. The Index seeks to provide a hedge against the United States inflation rate by providing a real return or a return above the rate of inflation, as represented by the Consumer Price Index, which is published by the Bureau of Labor Statistics and is a measure of the average change in prices over time of goods and services purchased by households.

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