Focus Partners Wealth Boosts Holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Focus Partners Wealth raised its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 851,126 shares of the company’s stock after acquiring an additional 15,567 shares during the quarter. Focus Partners Wealth’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $26,734,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 204.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,198 shares of the company’s stock worth $100,000 after purchasing an additional 2,149 shares during the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 4th quarter worth about $207,000. Elyxium Wealth LLC acquired a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 4th quarter worth about $218,000. Moors & Cabot Inc. boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 15.6% during the 4th quarter. Moors & Cabot Inc. now owns 8,794 shares of the company’s stock worth $276,000 after purchasing an additional 1,184 shares during the last quarter. Finally, New York Life Investment Management LLC boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 40.2% during the 4th quarter. New York Life Investment Management LLC now owns 9,308 shares of the company’s stock worth $292,000 after purchasing an additional 2,668 shares during the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Price Performance

NYLI Hedge Multi-Strategy Tracker ETF stock opened at $31.49 on Monday. NYLI Hedge Multi-Strategy Tracker ETF has a 12-month low of $29.57 and a 12-month high of $32.80. The stock has a market capitalization of $694.35 million, a P/E ratio of 18.84 and a beta of 0.31. The firm’s 50-day moving average is $31.09 and its two-hundred day moving average is $31.73.

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.