November 24, 2016 - By Pete Kolinski · 0 Comments
Nov 24 is a negative day so far for IQ Hedge Market Neutral Tracker ETF (NYSEARCA:QMN) as the ETF is active during the day after losing 0.24% to hit $25.31 per share. The exchange traded fund has 14.06 million net assets and 0.18% volatility this month.
Over the course of the day 600 shares traded hands, as compared to an average volume of 3,060 over the last 30 days for IQ Hedge Market Neutral Tracker ETF (NYSEARCA:QMN).
The ETF is -4.11% of its 52-Week High and 2.89% of its low, and is currently having ATR of 0.06. This year’s performance is 2.35% while this quarter’s performance is -0.75%.
The ETF’s YTD performance is 2.27%, the 1 year is 1.57% and the 3 year is 0.47%.
The ETF’s average P/E ratio is 17.7, the price to book is 1.81, the price to sales is 1.06 and the price to cashflow is 6.31. It was started on 10/04/2012. The fund’s top holdings are: Vanguard Short-Term Bond ETF for 31.93% of assets, iShares iBoxx $ Invst Grade Crp Bond for 14.56%, iShares Core US Aggregate Bond for 6.57%, iShares Short Treasury Bond for 6.04%, Payb Vanguard Msci Emergi for 5.17%, Recv Vanguard Msci Emergi for 5.17%, Vanguard Total Bond Market ETF for 5.07%, PowerShares Senior Loan ETF for 4.42%, Recv Ishares Iboxx Inves for 4.39%, iShares MSCI Japan for 3.27%. The ETF sector weights are: Basic Materials 5.34%, Consumer Cyclical 15.06%, Financial Services 13.69%, Realestate 6.00%, Consumer Defensive 8.07%, Healthcare 10.11%, Utilities 4.01%, Communication Services 3.39%, Energy 3.31%, Industrials 14.26%, Technology 16.77%. The ETF currently as yield.
More notable recent Index IQ ETF Trust (NYSEARCA:QMN) news were published by: Streetinsider.com which released: “Form 485BXT IndexIQ ETF Trust” on November 23, 2016, also Bloomberg.com with their article: “New York Life Bets on ETFs Copying Hedge Funds” published on December 04, 2014, Benzinga.com published: “New ETFs Bring Momentum To Fixed Income” on May 11, 2016. More interesting news about Index IQ ETF Trust (NYSEARCA:QMN) were released by: Benzinga.com and their article: “If You Don’t Actually Want To Move To Canada, Here’s How To Move Your Money There” published on November 23, 2016 as well as Businesswire.com‘s news article titled: “IndexIQ Announces February 2016 M&A Deal Holdings in IQ Merger Arbitrage ETF …” with publication date: February 11, 2016.
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By Pete Kolinski
Tags: Index IQ ETF Trust