Private Advisor Group LLC lowered its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI – Free Report) by 11.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 93,721 shares of the company’s stock after selling 12,295 shares during the quarter. Private Advisor Group LLC’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $3,007,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Carolinas Wealth Consulting LLC bought a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the 2nd quarter valued at about $32,000. International Assets Investment Management LLC acquired a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the second quarter valued at approximately $42,000. Matrix Trust Co bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the third quarter valued at approximately $112,000. Central Bank & Trust Co. raised its position in shares of NYLI Hedge Multi-Strategy Tracker ETF by 111.3% during the second quarter. Central Bank & Trust Co. now owns 6,506 shares of the company’s stock worth $202,000 after purchasing an additional 3,427 shares during the period. Finally, Davis R M Inc. bought a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF in the 1st quarter worth $202,000.
NYLI Hedge Multi-Strategy Tracker ETF Trading Up 0.3 %
NYSEARCA QAI opened at $32.12 on Tuesday. The company has a fifty day simple moving average of $31.79 and a 200 day simple moving average of $31.24. NYLI Hedge Multi-Strategy Tracker ETF has a 12-month low of $29.58 and a 12-month high of $32.30. The company has a market cap of $581.37 million, a P/E ratio of 14.66 and a beta of 0.31.
About NYLI 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.
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Want to see what other hedge funds are holding QAI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI – Free Report).
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