New York Life Investment Management LLC purchased a new position in shares of NYLIM MacKay High Income ETF (NYSEARCA:IQHI – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 4,247,250 shares of the company’s stock, valued at approximately $106,354,000. NYLIM MacKay High Income ETF accounts for 0.7% of New York Life Investment Management LLC’s holdings, making the stock its 28th biggest position. New York Life Investment Management LLC owned about 0.97% of NYLIM MacKay High Income ETF as of its most recent SEC filing.
NYLIM MacKay High Income ETF Trading Down 0.2%
NYLIM MacKay High Income ETF stock opened at $25.07 on Wednesday. NYLIM MacKay High Income ETF has a twelve month low of $24.99 and a twelve month high of $27.02. The firm’s 50 day moving average price is $25.30 and its two-hundred day moving average price is $25.81.
About NYLIM MacKay High Income ETF
The IQ MacKay ESG High Income ETF (IQHI) is an exchange-traded fund that is based on the Bloomberg VLI High Yield index. The fund is an actively managed fund that provides broad exposure to high-yield corporate bonds of various maturities from around the world that meet environmental, social, and corporate governance criteria. IQHI was launched on Oct 25, 2022 and is managed by IndexIQ.
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Want to see what other hedge funds are holding IQHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NYLIM MacKay High Income ETF (NYSEARCA:IQHI – Free Report).
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