IQ CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) Shares Sold by Raymond James & Associates

Raymond James & Associates decreased its stake in shares of IQ CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,288 shares of the company’s stock after selling 2,058 shares during the quarter. Raymond James & Associates owned about 1.84% of IQ CBRE NextGen Real Estate ETF worth $414,000 at the end of the most recent reporting period.

IQ CBRE NextGen Real Estate ETF Trading Up 0.5 %

Shares of IQ CBRE NextGen Real Estate ETF stock opened at $18.59 on Friday. The firm’s 50 day simple moving average is $19.22 and its two-hundred day simple moving average is $19.07. The firm has a market capitalization of $137.58 million, a price-to-earnings ratio of 24.08 and a beta of 0.96. IQ CBRE NextGen Real Estate ETF has a 12-month low of $16.55 and a 12-month high of $20.71.

IQ CBRE NextGen Real Estate ETF 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.