NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Shares Purchased by Rathbones Group PLC

Rathbones Group PLC boosted its position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 7.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 13,263 shares of the company’s stock after acquiring an additional 895 shares during the quarter. Rathbones Group PLC’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its position in shares of 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 last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 2.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 22,596 shares of the company’s stock worth $725,000 after buying an additional 629 shares during the last quarter. Matrix Trust Co increased its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 613.6% during the 4th quarter. Matrix Trust Co now owns 24,897 shares of the company’s stock worth $782,000 after buying an additional 21,408 shares during the last quarter. Insight Inv LLC acquired a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 4th quarter worth $483,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the 4th quarter valued at $550,000.

NYLI Hedge Multi-Strategy Tracker ETF Trading Up 3.2 %

Shares of NYSEARCA QAI opened at $30.70 on Thursday. NYLI Hedge Multi-Strategy Tracker ETF has a 12-month low of $29.57 and a 12-month high of $32.80. The company has a market cap of $673.87 million, a P/E ratio of 18.73 and a beta of 0.32. The stock has a fifty day moving average price of $31.51 and a 200 day moving average price of $31.90.

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.