IQ U.S. Mid Cap R&D Leaders ETF (MRND)

NYSEARCA: MRND · Delayed Price · USD
22.49
-0.60 (-2.60%)
At close: Apr 29, 2022 4:00 PM
22.49
0.00 (0.00%)
After-hours:Apr 29, 2022 8:00 PM EDT
Assets$4.31M
NAV$21.54
Expense Ratio0.16%
PE Ratio20.47
Shares Out200,000
Dividend (ttm)$0.03
Dividend Yield0.14%
Ex-Dividend DateMar 18, 2022
1-Year Return-10.98%
Volume2
Open21.59
Previous Close23.09
Day's Range22.49 - 23.11
52-Week Low20.35
52-Week High25.97
Beta-1.37
Holdings102
Inception DateFeb 8, 2022

About MRND

The underlying index seeks to provide exposure to innovative companies by investing in the equities of U.S. mid 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. It is non-diversified.

Asset ClassEquity
IssuerIndexIQ
Stock ExchangeNYSEARCA
Ticker SymbolMRND
Index TrackedIQ U.S. Mid Cap RD Leaders Index

Top 10 Holdings

24.41% of assets
NameSymbolWeight
NovavaxNVAX3.45%
Western DigitalWDC3.38%
IncyteINCY2.83%
CortevaCTVA2.35%
SeagenSGEN2.31%
Hewlett-Packard Enterprise CompanyHPE2.21%
CumminsCMI2.15%
HP Inc.HPQ2.14%
AptivAPTV1.82%
Juniper NetworksJNPR1.77%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Mar 18, 2022$0.03136Mar 24, 2022
Full Dividend History

News

9 New ETFs for Investors to Unwrap

The U.S. exchange-traded fund (ETF) industry had quite a year in 2021 – due in part to the 445 new ETFs that launched, 44% more than did in 2020. U.S. ETFs ended the year with record assets of $7.21 tri...

3 weeks ago - Kiplinger

IndexIQ Launches R&D-Focused ETF Trio

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

Other symbols:LRNDWRND
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:LRNDWRND
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:LRNDWRND
3 months ago - Business Wire