First Bank & Trust Acquires New Position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

First Bank & Trust acquired a new stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,315 shares of the company’s stock, valued at approximately $288,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Register Financial Advisors LLC acquired a new stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 1st quarter valued at approximately $45,000. Central Bank & Trust Co. lifted its position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 20.9% during the 1st quarter. Central Bank & Trust Co. now owns 3,079 shares of the company’s stock valued at $95,000 after acquiring an additional 533 shares during the period. Macroview Investment Management LLC lifted its position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 148.0% during the 4th quarter. Macroview Investment Management LLC now owns 4,846 shares of the company’s stock valued at $146,000 after acquiring an additional 2,892 shares during the period. Able Wealth Management LLC acquired a new stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 4th quarter valued at approximately $150,000. Finally, Patten Group Inc. lifted its position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 4.8% during the 4th quarter. Patten Group Inc. now owns 10,533 shares of the company’s stock valued at $317,000 after acquiring an additional 479 shares during the period.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Trading Up 0.2 %

QAI stock opened at $31.03 on Friday. The firm has a 50 day moving average of $30.86 and a 200-day moving average of $30.59. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a 12-month low of $29.18 and a 12-month high of $31.35. The company has a market cap of $561.64 million, a price-to-earnings ratio of 14.66 and a beta of 0.31.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Profile

The IQ Hedge Multi-Strategy Tracker ETF (QAI) is an exchange-traded fund that is based on the IQ Hedge Multi-Strategy index. The fund tracks an index that aims to emulate hedge fund returns across different strategies, primarily by holding other ETFs. QAI was launched on Mar 25, 2009 and is managed by IndexIQ.