Hancock Whitney Corp Increases Stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Hancock Whitney Corp grew its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 11.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,148 shares of the company’s stock after purchasing an additional 1,142 shares during the quarter. Hancock Whitney Corp owned approximately 0.06% of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF worth $346,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. UP Strategic Wealth Investment Advisors LLC boosted its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 8.5% during the second quarter. UP Strategic Wealth Investment Advisors LLC now owns 10,712 shares of the company’s stock worth $332,000 after acquiring an additional 837 shares during the last quarter. Carolinas Wealth Consulting LLC acquired a new position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 2nd quarter worth approximately $32,000. One Capital Management LLC grew its position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 0.3% in the second quarter. One Capital Management LLC now owns 277,175 shares of the company’s stock valued at $8,601,000 after purchasing an additional 764 shares in the last quarter. Darwin Wealth Management LLC increased its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 1.1% in the second quarter. Darwin Wealth Management LLC now owns 220,234 shares of the company’s stock valued at $6,834,000 after purchasing an additional 2,426 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 86.7% during the second quarter. Commonwealth Equity Services LLC now owns 15,458 shares of the company’s stock worth $480,000 after buying an additional 7,179 shares in the last quarter.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Stock Up 0.3 %

Shares of NYSEARCA:QAI opened at $31.92 on Tuesday. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a 52-week low of $29.48 and a 52-week high of $31.94. The stock has a market cap of $577.75 million, a P/E ratio of 14.66 and a beta of 0.31. The business has a fifty day moving average of $31.31 and a two-hundred day moving average of $31.01.

IndexIQ ETF Trust – IQ 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.