Matrix Trust Co Cuts Stake in NYLI Hedge Multi-Strategy Tracker ETF $QAI

Matrix Trust Co cut its stake in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 77.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,000 shares of the company’s stock after selling 23,523 shares during the period. Matrix Trust Co’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $235,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of QAI. Johnson Financial Group Inc. purchased a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the second quarter valued at approximately $39,000. Advisors Preferred LLC boosted its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 117.4% in the 3rd quarter. Advisors Preferred LLC now owns 1,263 shares of the company’s stock valued at $43,000 after purchasing an additional 682 shares during the last quarter. CWM LLC boosted its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 30.5% in the 3rd quarter. CWM LLC now owns 1,884 shares of the company’s stock valued at $63,000 after purchasing an additional 440 shares during the last quarter. J.Safra Asset Management Corp grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 114.9% during the 3rd quarter. J.Safra Asset Management Corp now owns 4,781 shares of the company’s stock valued at $161,000 after buying an additional 2,556 shares during the period. Finally, Truist Financial Corp purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 3rd quarter valued at $202,000.

NYLI Hedge Multi-Strategy Tracker ETF Stock Down 1.0%

QAI stock opened at $33.82 on Friday. The company has a market cap of $771.10 million, a price-to-earnings ratio of 18.21 and a beta of 0.32. The business has a fifty day simple moving average of $34.45 and a 200-day simple moving average of $34.01. NYLI Hedge Multi-Strategy Tracker ETF has a 52 week low of $29.57 and a 52 week high of $35.02.

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.