NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOF) Trading Down 0.2% – Should You Sell?

NYLI CBRE NextGen Real Estate ETF (NYSEARCA:ROOFGet Free Report) shares were down 0.2% during trading on Monday . The company traded as low as $20.67 and last traded at $20.75. Approximately 14,300 shares were traded during trading, a decline of 70% from the average daily volume of 47,469 shares. The stock had previously closed at $20.80.

NYLI CBRE NextGen Real Estate ETF Price Performance

The stock has a 50-day simple moving average of $20.75 and a 200 day simple moving average of $20.76. The company has a market capitalization of $153.55 million, a PE ratio of 26.87 and a beta of 0.95.

About NYLI CBRE NextGen Real Estate ETF

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The IQ U.S. Real Estate Small Cap ETF (ROOF) is an exchange-traded fund that is based on the IQ CBRE NextGen Real Estate index. The fund tracks a tier-weighted index of developed market companies classified under real estate sectors that are expected to benefit from trends affecting property sectors in the global economy.

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