28-Feb-2025
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NYLI U.S. Large Cap R&D Leaders ETF (LRND) seeks investment results that track, before fees and expenses, the price and yield performance of the NYLI U.S. Large Cap R&D Leaders Index, an index that seeks to provide exposure to innovative companies by investing in U.S. large-cap equity securities of companies that have high research and development (R&D) spending.
Nyli U.S. Large Cap R&D Leaders ETF trades on the ARCA stock market under the symbol LRND.
As of February 28, 2025, LRND stock price climbed to $34.54 with 188 million shares trading.
LRND has a market cap of $7.77 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, LRND traded as high as $35.87 and as low as $19.10.
LRND has underperformed the market in the last year with a price return of +15.1% while the SPY ETF gained +18.8%. However, in the short term, LRND had mixed performance relative to the market. It has outperformed in the last 3 months, returning +1.6% vs -0.4% return in SPY. But in the last 2 weeks, LRND shares have been beat by the market, returning -2.9% compared to an SPY return of -2.5%.
LRND support price is $33.77 and resistance is $34.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LRND shares will trade within this expected range on the day.