IQ Real Return ETF (NYSEARCA:CPI – Get Free Report) dropped 0% during trading on Tuesday. The stock traded as low as $25.58 and last traded at $25.60. 500 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 1,842 shares. The stock had previously closed at $25.61.
IQ Real Return ETF Price Performance
The company has a market capitalization of $7.68 million, a price-to-earnings ratio of 18.48 and a beta of 0.27. The business has a fifty day moving average price of $25.60 and a 200 day moving average price of $25.60.
IQ Real Return ETF Company Profile
CPI Inflation Hedged ETF seeks investment results, which correspond to the price and yield performance of the IQ CPI Inflation Hedged Index. The Index seeks to provide a hedge against the United States inflation rate by providing a real return or a return above the rate of inflation, as represented by the Consumer Price Index, which is published by the Bureau of Labor Statistics and is a measure of the average change in prices over time of goods and services purchased by households.
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