Central Bank & Trust Co. Grows Holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Central Bank & Trust Co. increased its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAIFree Report) by 20.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,079 shares of the company’s stock after acquiring an additional 533 shares during the quarter. Central Bank & Trust Co.’s holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF were worth $95,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brio Consultants LLC grew its holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 1.8% during the 4th quarter. Brio Consultants LLC now owns 727,758 shares of the company’s stock valued at $21,906,000 after buying an additional 12,584 shares in the last quarter. HTLF Bank purchased a new stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 4th quarter valued at approximately $20,850,000. Alaska Wealth Advisors grew its holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 61.8% during the 4th quarter. Alaska Wealth Advisors now owns 591,089 shares of the company’s stock valued at $17,792,000 after buying an additional 225,679 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. grew its holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 2.9% during the 4th quarter. Beacon Harbor Wealth Advisors Inc. now owns 299,562 shares of the company’s stock valued at $9,017,000 after buying an additional 8,420 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 1.0% during the 4th quarter. Verdence Capital Advisors LLC now owns 249,190 shares of the company’s stock valued at $7,501,000 after buying an additional 2,381 shares in the last quarter.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Price Performance

Shares of NYSEARCA QAI remained flat at $30.95 during midday trading on Friday. The stock had a trading volume of 55,600 shares, compared to its average volume of 99,688. The company has a market capitalization of $560.20 million, a PE ratio of 14.66 and a beta of 0.31. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a 52-week low of $29.18 and a 52-week high of $31.35. The stock has a 50 day moving average of $30.80 and a 200 day moving average of $30.59.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding QAI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAIFree Report).

Institutional Ownership by Quarter for IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Receive News & Ratings for IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF and related companies with MarketBeat.com's FREE daily email newsletter.