NYLIM Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) Shares Shorted: Short Interest Up 98,900.0% in October

NYLIM Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 1,980 shares, an increase of 98,900.0% from the October 15th total of 2 shares. Based on an average daily volume of 17,533 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On NYLIM Winslow Focused Large Cap Growth ETF

A hedge fund recently bought a new stake in NYLIM Winslow Focused Large Cap Growth ETF stock. New York Life Investment Management LLC acquired a new stake in NYLIM Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 859,507 shares of the company’s stock, valued at approximately $48,011,000. New York Life Investment Management LLC owned about 179.06% of NYLIM Winslow Focused Large Cap Growth ETF at the end of the most recent quarter.

NYLIM Winslow Focused Large Cap Growth ETF Stock Performance

Shares of IWFG stock opened at $51.69 on Thursday. NYLIM Winslow Focused Large Cap Growth ETF has a fifty-two week low of $44.81 and a fifty-two week high of $56.88. The stock’s fifty day moving average is $54.22 and its two-hundred day moving average is $52.55. The firm has a market capitalization of $34.12 million, a P/E ratio of 26.53 and a beta of 1.17.

NYLIM Winslow Focused Large Cap Growth ETF Company Profile

The IQ Winslow Focused Large Cap Growth ETF (IWFG) 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. It limits the number of its holdings, selecting only the top growth stocks using a bottom-up investment approach IWFG was launched on Jun 23, 2022 and is managed by IndexIQ.