IQ U.S. Large Cap R&D Leaders ETF (LRND)

NYSEARCA: LRND · Delayed Price · USD
22.38
0.54 (2.46%)
At close: May 17, 2022 4:00 PM
22.38
0.00 (0.00%)
After-hours:May 17, 2022 8:00 PM EDT
Assets$4.37M
NAV$21.86
Expense Ratio0.14%
PE Ratio19.71
Shares Out200,000
Dividend (ttm)$0.04
Dividend Yield0.19%
Ex-Dividend DateMar 18, 2022
1-Year Returnn/a
Volumen/a
Open0.00
Previous Close21.84
Day's Range21.31 - 24.40
52-Week Low21.31
52-Week High25.80
Beta1.06
Holdings104
Inception DateFeb 8, 2022

About LRND

The underlying index seeks to provide exposure to innovative companies by investing in the equities of U.S. large cap companies that have high research and development ("R&D") spending. The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The fund is non-diversified.

Asset ClassEquity
IssuerIndexIQ
Stock ExchangeNYSEARCA
Ticker SymbolLRND
Index TrackedIQ U.S. Large Cap RD Leaders Index

Top 10 Holdings

48.62% of assets
NameSymbolWeight
AlphabetGOOGL7.13%
Amazon.comAMZN6.80%
Meta PlatformsFB5.65%
AppleAAPL5.57%
MicrosoftMSFT5.34%
Johnson & JohnsonJNJ3.93%
Merck & Co.MRK3.70%
IntelINTC3.67%
PfizerPFE3.58%
Bristol-Myers Squibb CompanyBMY3.26%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Mar 18, 2022$0.04144Mar 24, 2022
Full Dividend History

News

IndexIQ Launches R&D-Focused ETF Trio

New York Life's ETF brand is targeting companies that spend big on research.

Other symbols:MRNDWRND
3 months ago - ETFcom

IndexIQ Launches Trio of Growth ETFs

IndexIQ has expanded its ETF product lineup with the launch of three new equity-focused strategies. The new trio of funds — the IQ U.S. Large Cap R&D Leaders ETF (LRND), the IQ U.S. Mid Cap R&D Leaders ...

Other symbols:MRNDWRND
3 months ago - ETF Trends

IndexIQ Introduces ETF Suite Focused on Leaders in Research & Development

NEW YORK--(BUSINESS WIRE)--New IndexIQ ETFs are designed to provide exposure to companies positioned for future innovation and expansion through sustained investment in R&D.

Other symbols:MRNDWRND
3 months ago - Business Wire