NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Position Boosted by Twelve Points Wealth Management LLC

Twelve Points Wealth Management LLC raised its stake in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 5.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 57,321 shares of the company’s stock after buying an additional 2,950 shares during the quarter. Twelve Points Wealth Management LLC owned 0.32% of NYLI Hedge Multi-Strategy Tracker ETF worth $1,839,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QAI. Central Bank & Trust Co. increased its stake in shares of NYLI 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 worth $95,000 after acquiring an additional 533 shares during the last quarter. Greenwood Capital Associates LLC raised its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 9.9% during the 1st quarter. Greenwood Capital Associates LLC now owns 7,976 shares of the company’s stock worth $246,000 after purchasing an additional 716 shares in the last quarter. One Capital Management LLC lifted its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 0.3% during the 2nd quarter. One Capital Management LLC now owns 277,175 shares of the company’s stock valued at $8,601,000 after buying an additional 764 shares during the last quarter. UP Strategic Wealth Investment Advisors LLC lifted its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 8.5% during the 2nd quarter. UP Strategic Wealth Investment Advisors LLC now owns 10,712 shares of the company’s stock valued at $332,000 after buying an additional 837 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 7.1% in the 1st quarter. CreativeOne Wealth LLC now owns 15,183 shares of the company’s stock valued at $469,000 after buying an additional 1,013 shares in the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Stock Performance

Shares of QAI opened at $32.25 on Thursday. The firm has a market cap of $583.73 million, a PE ratio of 14.66 and a beta of 0.31. The firm’s 50 day moving average price is $31.63 and its 200 day moving average price is $31.17. NYLI Hedge Multi-Strategy Tracker ETF has a twelve month low of $29.48 and a twelve month high of $32.26.

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.