IQ U.S. Mid Cap R&D Leaders ETF (MRND)
IQ U.S. Mid Cap R&D Leaders ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $22.99, up 1.90% on the session, giving a market capitalisation of $4.4M. Its beta of 0.00 implies it has historically moved less than the broad market.
This ETF is designed to offer investors an opportunity to engage with pioneering U.S. companies of medium market capitalization, particularly those distinguished by substantial investments in research and development (R&D). Under ordinary market conditions, the fund commits a minimum of 80% of its total net assets, alongside any capital borrowed for investment, to the securities that constitute its benchmark index. It operates as a non-diversified investment.
IQ U.S. Mid Cap R&D Leaders ETF is most often compared with the following Financial Services names: