Private Advisor Group LLC Has $2.78 Million Stock Holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Private Advisor Group LLC reduced its position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 5.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,605 shares of the company’s stock after selling 5,116 shares during the period. Private Advisor Group LLC owned approximately 0.49% of NYLI Hedge Multi-Strategy Tracker ETF worth $2,783,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 58.1% in the 3rd quarter. Jane Street Group LLC now owns 53,586 shares of the company’s stock valued at $1,719,000 after purchasing an additional 19,700 shares in the last quarter. Captrust Financial Advisors boosted its position in NYLI Hedge Multi-Strategy Tracker ETF by 2.6% in the third quarter. Captrust Financial Advisors now owns 576,385 shares of the company’s stock valued at $18,490,000 after buying an additional 14,356 shares in the last quarter. Greenwood Capital Associates LLC grew 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 worth $277,000 after buying an additional 325 shares during the last quarter. Hancock Whitney Corp increased its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 145.2% during the third quarter. Hancock Whitney Corp now owns 27,333 shares of the company’s stock worth $877,000 after buying an additional 16,185 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 12.9% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 19,116 shares of the company’s stock valued at $613,000 after acquiring an additional 2,187 shares during the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Stock Down 0.1 %

Shares of QAI stock opened at $31.85 on Tuesday. NYLI Hedge Multi-Strategy Tracker ETF has a twelve month low of $30.25 and a twelve month high of $32.80. The stock’s fifty day simple moving average is $31.90 and its 200 day simple moving average is $31.94. The firm has a market capitalization of $697.52 million, a P/E ratio of 19.24 and a beta of 0.32.

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.