IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 86.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,458 shares of the company’s stock after acquiring an additional 7,179 shares during the period. Commonwealth Equity Services LLC owned approximately 0.09% of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF worth $480,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in QAI. Brio Consultants LLC grew its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 1.8% in the fourth quarter. Brio Consultants LLC now owns 727,758 shares of the company’s stock valued at $21,906,000 after purchasing an additional 12,584 shares in the last quarter. Able Wealth Management LLC acquired a new position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF in the fourth quarter valued at approximately $150,000. Strategic Advocates LLC grew its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 61.2% in the first quarter. Strategic Advocates LLC now owns 29,193 shares of the company’s stock valued at $902,000 after purchasing an additional 11,087 shares in the last quarter. Central Bank & Trust Co. grew its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 20.9% in the first quarter. Central Bank & Trust Co. now owns 3,079 shares of the company’s stock valued at $95,000 after purchasing an additional 533 shares in the last quarter. Finally, Register Financial Advisors LLC acquired a new position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF in the first quarter valued at approximately $45,000.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Stock Down 0.3 %

Shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF stock opened at $31.83 on Friday. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a 52-week low of $29.48 and a 52-week high of $31.94. The company has a 50 day moving average of $31.30 and a 200 day moving average of $31.00. The company has a market capitalization of $576.12 million, a P/E ratio of 14.66 and a beta of 0.31.

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

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.