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 share price fell 0.2% on Monday . The company traded as low as $20.67 and last traded at $20.75. 14,300 shares were traded 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 Trading Down 0.2 %

The company has a fifty day moving average of $20.97 and a 200-day moving average of $20.79. The company has a market capitalization of $153.55 million, a price-to-earnings ratio of 25.25 and a beta of 0.95.

Institutional Investors Weigh In On NYLI CBRE NextGen Real Estate ETF

A number of large investors have recently modified their holdings of ROOF. Family Wealth Partners LLC purchased a new stake in shares of NYLI CBRE NextGen Real Estate ETF in the third quarter valued at approximately $239,000. Jane Street Group LLC grew its holdings in NYLI CBRE NextGen Real Estate ETF by 30.8% in the 3rd quarter. Jane Street Group LLC now owns 15,252 shares of the company’s stock valued at $338,000 after buying an additional 3,595 shares in the last quarter. Finally, New York Life Investment Management LLC increased its stake in shares of NYLI CBRE NextGen Real Estate ETF by 0.4% in the 2nd quarter. New York Life Investment Management LLC now owns 6,621,762 shares of the company’s stock worth $126,345,000 after acquiring an additional 26,789 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.