Short Interest in NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) Drops By 75.6%

NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 6,913 shares, a decrease of 75.6% from the April 15th total of 28,324 shares. Based on an average trading volume of 741,671 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in NYLI Winslow Large Cap Growth ETF stock. Kingswood Wealth Advisors LLC purchased a new stake in NYLI Winslow Large Cap Growth ETF (NYSEARCA:IWLG) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 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 at the end of the most recent quarter.

NYLI Winslow Large Cap Growth ETF Stock Up 1.1%

Shares of IWLG stock traded up $0.61 during mid-day trading on Wednesday, hitting $56.33. 295,441 shares of the stock were exchanged, compared to its average volume of 138,285. The company has a market cap of $754.82 million, a PE ratio of 43.43 and a beta of 1.20. NYLI Winslow Large Cap Growth ETF has a 52-week low of $45.71 and a 52-week high of $57.26. The firm has a fifty day moving average of $51.21 and a 200 day moving average of $52.77.

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.