Greenwood Capital Associates LLC Has $277,000 Position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Greenwood Capital Associates LLC lifted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 3.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 8,632 shares of the company’s stock after buying an additional 325 shares during the quarter. Greenwood Capital Associates LLC’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $277,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of QAI. EP Wealth Advisors LLC raised its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 332.3% during the 2nd quarter. EP Wealth Advisors LLC now owns 758,377 shares of the company’s stock worth $23,532,000 after buying an additional 582,961 shares in the last quarter. Pitcairn Co. increased its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 17.9% during the 1st quarter. Pitcairn Co. now owns 1,046,094 shares of the company’s stock worth $32,314,000 after purchasing an additional 158,727 shares in the last quarter. International Assets Investment Management LLC grew its position in NYLI Hedge Multi-Strategy Tracker ETF by 3,108.2% during the third quarter. International Assets Investment Management LLC now owns 43,663 shares of the company’s stock valued at $1,361,000 after buying an additional 42,302 shares during the period. Consultiva Wealth Management CORP. purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 1st quarter valued at approximately $938,000. Finally, BTS Asset Management Inc. bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the third quarter valued at about $661,000.

NYLI Hedge Multi-Strategy Tracker ETF Stock Up 0.4 %

NYSEARCA QAI opened at $32.07 on Wednesday. The company has a market capitalization of $580.47 million, a price-to-earnings ratio of 14.66 and a beta of 0.31. The stock’s 50-day simple moving average is $31.87 and its two-hundred day simple moving average is $31.31. NYLI Hedge Multi-Strategy Tracker ETF has a twelve month low of $29.79 and a twelve month high of $32.30.

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.