Hexagon Capital Partners LLC Has $347,000 Stock Position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Hexagon Capital Partners LLC lessened its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 18.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,229 shares of the company’s stock after selling 2,514 shares during the quarter. Hexagon Capital Partners LLC owned approximately 0.06% of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF worth $347,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Register Financial Advisors LLC bought a new stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 1st quarter worth about $45,000. Central Bank & Trust Co. boosted its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 20.9% during the first quarter. Central Bank & Trust Co. now owns 3,079 shares of the company’s stock worth $95,000 after acquiring an additional 533 shares during the period. Macroview Investment Management LLC increased its stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 148.0% during the fourth quarter. Macroview Investment Management LLC now owns 4,846 shares of the company’s stock worth $146,000 after purchasing an additional 2,892 shares during the period. Able Wealth Management LLC acquired a new stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 4th quarter worth approximately $150,000. Finally, First Bank & Trust acquired a new stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 1st quarter worth approximately $288,000.

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

Shares of NYSEARCA QAI opened at $31.22 on Tuesday. The firm has a market cap of $565.08 million, a price-to-earnings ratio of 14.66 and a beta of 0.31. The stock’s fifty day moving average price is $30.87 and its two-hundred day moving average price is $30.59. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a one year low of $29.18 and a one year high of $31.35.

IndexIQ ETF Trust – IQ 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.