|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||27.690 - 27.690|
|52 Week Range||26.910 - 27.820|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.49%|
RYE BROOK, N.Y., Dec. 13, 2017 /PRNewswire/ -- IndexIQ, a New York Life Investments company, and a leading provider of innovative ETF solutions, today announced the launch of the IQ Chaikin U.S. Large Cap ETF (NASDAQ: CLRG). CLRG is the second ETF brought to market by the IndexIQ team designed to leverage the Chaikin Power Gauge® (CPG), a proprietary quantitative stock rating model developed by Marc Chaikin, an investment strategist with 50 years of market experience. CLRG is designed to track the price and yield performance of the NASDAQ Chaikin Power U.S. Large Cap Index (the Index), which is made up of approximately 45-65 large cap domestic equities that have been identified by the Chaikin Power Gauge as being likely to outperform the market, with the overall resulting portfolio having the potential to outperform both market-weighted and active strategies.
The increase in price pressure, although reassuring for the Fed, might not lead to a higher rate of inflation in the short term.
First-of-its-kind ETF brought liquid alternatives to the mainstream RYE BROOK, N.Y. , Oct. 23, 2017 /PRNewswire/ -- IndexIQ is waiving a portion of the management fee for its $1 billion IQ Hedge Multi-Strategy ...
RYE BROOK, N.Y., Oct. 18, 2017 /PRNewswire/ -- IndexIQ, a leading provider of innovative investment solutions, today announced the launch of the IQ MacKay Shields Municipal Intermediate ETF (MMIT) and the IQ MacKay Shields Municipal Insured ETF (MMIN), the latest additions to the firm's fast-growing suite of fixed income ETF offerings. Both funds are actively managed by subadvisor MacKay Municipal Managers™ of MacKay Shields LLC, an award-winning investment team led by co-CIOs John Loffredo and Robert DiMella who collectively have over 50 years of investment experience and have managed municipal strategies together for over 20 years.
The consumer price inflation (CPI) data reported on Thursday indicated an increase of 0.4% in August. The year-over-year rate improved from 1.7% to 1.9% for August.
In the last few months, the performance of the US economy has been impressive. The unemployment rate fell to 4.3% in August.
A budget bank is booming in South Africa's economic slump, challenging the decades-long dominance of the "big four" lenders and prompting a price war that is driving down banking costs in a country where many people can't afford an account. Capitec Bank has doubled its customer numbers over the past five years and quadrupled in market value, even as South Africa's economic growth has stalled and the country has slid into recession, squeezing household incomes. It offers a single "no-frills" bank account with low fees, as well as unsecured loans to customers including low-income borrowers, but steers clear of the more complex financial products offered by rivals.
IndexIQ has changed the expense ratios for nearly half of its ETFs, penciling in not just a number of fee cuts but also fee increases in a lineup that includes its most popular strategy, the $1 billion IQ Hedge Multi-Strategy Tracker ETF (QAI).
RYE BROOK, N.Y., July 12, 2017 /PRNewswire/ -- IndexIQ, a leading provider of innovative investment solutions, today announced that it is lowering the total expense ratio (TER) for its suite of 50 percent currency hedged international equity ETFs, as of July 12, 2017. "HFXI and the other funds in this product suite have performed exactly as designed since we launched them in July of 2015, even as Brexit, the results of the U.S. election, and a push for a weaker dollar have whipsawed the currency market in different and frequently counterintuitive ways," added Bruno.
South Africa's rand weakened on Monday after President Jacob Zuma defeated over the weekend another call from inside the ruling party for him to step down, while stocks closed flat, hampered by the banking sector. At 1710 GMT the rand weakened 0.76 percent to 12.9675 per dollar, erasing most of the gains in made in the previous session as investors bet on strong opposition to Zuma continued leadership of the African National Congress and the country. Zuma is facing mounting pressure against him from ANC members, opposition parties and civil society since he axed respected finance minister Pravin Gordhan in March, triggering credit rating downgrades.
RYE BROOK, N.Y., May 16, 2017 /PRNewswire/ -- IndexIQ , a leading provider of innovative investment solutions, today announced the launch of the IQ Chaikin U.S. Small Cap ETF (NASDAQ: CSML) , the first ...
RYE BROOK, N.Y., March 13, 2017 /PRNewswire/ -- IndexIQ , the leading provider of innovative investment solutions, today announced the February 2017 performance of its family of IQ Hedge™ Indexes and ...
RYE BROOK, N.Y., Feb. 22, 2017 /PRNewswire/ -- IndexIQ , the leading provider of innovative investment solutions, today announced the January 2017 performance of its family of IQ Hedge™ Indexes and the ...