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

Twelve Points Wealth Management LLC lessened its position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 4.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 54,842 shares of the company’s stock after selling 2,479 shares during the quarter. Twelve Points Wealth Management LLC’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $1,723,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Jane Street Group LLC increased its position in NYLI Hedge Multi-Strategy Tracker ETF by 58.1% during the 3rd quarter. Jane Street Group LLC now owns 53,586 shares of the company’s stock worth $1,719,000 after purchasing an additional 19,700 shares during the period. Captrust Financial Advisors lifted its holdings in shares of 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 purchasing an additional 14,356 shares in the last quarter. Brookstone Capital Management grew its holdings 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 valued at $391,000 after buying an additional 1,163 shares during the last quarter. Greenwood Capital Associates LLC increased its position in NYLI Hedge Multi-Strategy Tracker ETF by 3.9% during the 3rd quarter. Greenwood Capital Associates LLC now owns 8,632 shares of the company’s stock worth $277,000 after purchasing an additional 325 shares in the last quarter. Finally, Matrix Trust Co purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the third quarter worth about $112,000.

NYLI Hedge Multi-Strategy Tracker ETF Trading Up 0.2 %

NYSEARCA QAI opened at $31.85 on Wednesday. The business’s 50-day moving average price is $32.10 and its 200 day moving average price is $31.83. NYLI Hedge Multi-Strategy Tracker ETF has a twelve month low of $29.83 and a twelve month high of $32.80. The company has a market capitalization of $576.49 million, a PE ratio of 14.66 and a beta of 0.31.

NYLI Hedge Multi-Strategy Tracker ETF Company 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.