IQ Real Return ETF (NYSEARCA:CPI) Stock Price Down 0% – What’s Next?
by Sarita Garza · The Markets DailyIQ Real Return ETF (NYSEARCA:CPI – Get Free Report) shares traded down 0% on Tuesday . The stock traded as low as $25.58 and last traded at $25.60. 500 shares were traded during mid-day trading, a decline of 73% from the average session volume of 1,842 shares. The stock had previously closed at $25.61.
IQ Real Return ETF Price Performance
The stock’s 50 day simple moving average is $25.60 and its two-hundred day simple moving average is $25.60. The company has a market capitalization of $7.68 million, a P/E ratio of 18.48 and a beta of 0.27.
About IQ Real Return ETF
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.