IQ Global Resources ETF (GRES) Price, Holdings, & News

ETF Overview

IQ ARB Global Resources ETF (the Fund) seeks investment results that correspond to the price and yield performance of the IQ ARB Global Resources Index (the Index). The Index uses momentum and valuation factors to identify global companies that operate in commodity-specific market segments and whose equity securities trade in developed markets, including the United States. These segments include livestock; precious metals; grains, food and fiber; energy; industrial metals; timber; water, and coal. The Index also includes short exposure to global equities as a partial equity market hedge. The Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its Index. The Fund invests primarily in the components that make up the Index. It may invest up to 20% of its net assets in investments not included in its Index. The Fund’s investment advisor is IndexIQ Advisors LLC.

Key Stats

• Today's Range: $32.61 to $32.75
• 50-Day Range: $32.75 to $32.75
• 52-Week Range: $31.20 to $36.69
• Volume: 13,800 shs
• Average Volume: 7,681 shs
• Market Capitalization: $32.75 million
• Assets Under Management: $27.03 million
• Dividend Yield: 1.07%
• Net Expense Ratio: 0.30%
• Aggregate Rating: Hold

GRES ETF - Frequently Asked Questions

How have GRES shares performed this year?

IQ Global Resources ETF's stock was trading at $32.75 at the start of the year. Since then, GRES stock has increased by 0.0% and is now trading at $32.75.
View the best growth stocks for 2024 here.

How do I buy shares of IQ Global Resources ETF?

Shares of GRES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Fund Details

• Issuer: IndexIQ
• Fund Name: IQ Global Resources ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:GRES
• Inception Date: 10/26/2009
• Fund Manager: Greg Barrato, James Harrison
• Web: www.indexiq.com
• Phone: +1-888-9340777

Fund Focus

• Asset Class: Equity
• Benchmark: IQ Global Resources Index
• Category: Sector
• Focus: Natural Resources
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 245

Fund Statistics

• Assets Under Management: $27.03 million
• Average Daily Volume: $6,305.70
• Discount/Premium: -0.01%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: IndexIQ Advisors LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: ALPS Distributors, Inc.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: N/A
• Short Interest: 100 shs

Miscellaneous

• Outstanding Shares: 1,000,000
• Beta: 0.68
• Creation Unit: 50,000
• Creation Fee: $1,500.00