Short Interest in NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) Drops By 59.9%

NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,966 shares, a decrease of 59.9% from the May 31st total of 4,907 shares. Based on an average daily volume of 21,826 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in NYLI Winslow Large Cap Growth ETF stock. Kingswood Wealth Advisors LLC bought a new stake in NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 20,613 shares of the company’s stock, valued at approximately $1,117,000. Kingswood Wealth Advisors LLC owned approximately 0.16% of NYLI Winslow Large Cap Growth ETF as of its most recent filing with the SEC.

NYLI Winslow Large Cap Growth ETF Stock Performance

Shares of IWLG stock traded up $1.03 during mid-day trading on Tuesday, reaching $56.59. 8,444 shares of the company were exchanged, compared to its average volume of 106,900. NYLI Winslow Large Cap Growth ETF has a fifty-two week low of $45.71 and a fifty-two week high of $58.17. The company has a market capitalization of $758.31 million, a P/E ratio of 43.43 and a beta of 1.20. The business’s 50 day simple moving average is $55.53 and its 200 day simple moving average is $53.06.

About NYLI Winslow Large Cap Growth ETF

The IQ Winslow Large Cap Growth ETF (IWLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US large-cap growth companies, selected using a bottom-up investment approach. The fund utilizes the Natixis\u002FNYSE non-transparent model IWLG was launched on Jun 23, 2022 and is managed by IndexIQ.