Raymond James Financial Services Advisors Inc. Acquires Shares of 13,117 IQ 500 International ETF (NYSEARCA:IQIN)

Raymond James Financial Services Advisors Inc. bought a new position in IQ 500 International ETF (NYSEARCA:IQIN) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 13,117 shares of the company’s stock, valued at approximately $430,000. Raymond James Financial Services Advisors Inc. owned 0.21% of IQ 500 International ETF at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IQIN. Jane Street Group LLC purchased a new stake in shares of IQ 500 International ETF in the 1st quarter worth $1,328,000. Bank of America Corp DE lifted its holdings in shares of IQ 500 International ETF by 2,117.3% in the 1st quarter. Bank of America Corp DE now owns 8,337 shares of the company’s stock worth $258,000 after buying an additional 7,961 shares during the period. IFP Advisors Inc purchased a new stake in shares of IQ 500 International ETF in the 2nd quarter worth $61,000. N.E.W. Advisory Services LLC lifted its holdings in shares of IQ 500 International ETF by 12.3% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 13,018 shares of the company’s stock worth $398,000 after buying an additional 1,423 shares during the period. Finally, New York Life Investment Management LLC lifted its holdings in shares of IQ 500 International ETF by 0.7% in the 3rd quarter. New York Life Investment Management LLC now owns 5,424,510 shares of the company’s stock worth $165,669,000 after buying an additional 37,273 shares during the period.

IQ 500 International ETF Price Performance

Shares of NYSEARCA IQIN opened at $33.05 on Friday. The stock has a market capitalization of $198.28 million, a P/E ratio of 10.92 and a beta of 0.76. IQ 500 International ETF has a 1-year low of $29.07 and a 1-year high of $34.52. The business has a fifty day moving average price of $33.47 and a 200 day moving average price of $32.23.

About IQ 500 International ETF

The IQ 500 International ETF (IQIN) is an exchange-traded fund that is based on the IQ 500 International index. The fund tracks an index of developed market ex-US stocks. The index uses fundamental factors for selection and weighting. IQIN was launched on Dec 13, 2018 and is managed by IndexIQ.