NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Position Increased by Captrust Financial Advisors

Captrust Financial Advisors increased its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 2.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 576,385 shares of the company’s stock after buying an additional 14,356 shares during the quarter. Captrust Financial Advisors’ holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $18,490,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Raymond James & Associates raised its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 10.1% during the second quarter. Raymond James & Associates now owns 163,743 shares of the company’s stock valued at $5,081,000 after buying an additional 14,967 shares during the last quarter. Brookstone Capital Management boosted its position in NYLI Hedge Multi-Strategy Tracker ETF by 10.6% during the 3rd quarter. Brookstone Capital Management now owns 12,176 shares of the company’s stock worth $391,000 after acquiring an additional 1,163 shares during the period. UP Strategic Wealth Investment Advisors LLC grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 8.5% in the second quarter. UP Strategic Wealth Investment Advisors LLC now owns 10,712 shares of the company’s stock worth $332,000 after purchasing an additional 837 shares in the last quarter. Matrix Trust Co acquired a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF during the third quarter valued at $112,000. Finally, Greenwood Capital Associates LLC raised its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 3.9% during the third quarter. Greenwood Capital Associates LLC now owns 8,632 shares of the company’s stock valued at $277,000 after purchasing an additional 325 shares in the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Stock Up 0.2 %

QAI stock opened at $32.62 on Friday. The company has a market capitalization of $590.42 million, a P/E ratio of 14.66 and a beta of 0.31. The company has a 50-day simple moving average of $32.18 and a 200 day simple moving average of $31.52. NYLI Hedge Multi-Strategy Tracker ETF has a fifty-two week low of $29.79 and a fifty-two week high of $32.62.

NYLI 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.