Private Advisor Group LLC Sells 12,295 Shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Private Advisor Group LLC lowered its stake in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 11.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 93,721 shares of the company’s stock after selling 12,295 shares during the quarter. Private Advisor Group LLC owned approximately 0.52% of NYLI Hedge Multi-Strategy Tracker ETF worth $3,007,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in QAI. Carolinas Wealth Consulting LLC bought a new position in NYLI Hedge Multi-Strategy Tracker ETF in the 2nd quarter valued at approximately $32,000. International Assets Investment Management LLC bought a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF in the 2nd quarter valued at $42,000. Matrix Trust Co bought a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF in the 3rd quarter valued at $112,000. Central Bank & Trust Co. boosted its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 111.3% during the 2nd quarter. Central Bank & Trust Co. now owns 6,506 shares of the company’s stock valued at $202,000 after acquiring an additional 3,427 shares in the last quarter. Finally, Davis R M Inc. bought a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the 1st quarter worth $202,000.

NYLI Hedge Multi-Strategy Tracker ETF Trading Up 0.3 %

NYLI Hedge Multi-Strategy Tracker ETF stock opened at $32.12 on Tuesday. The stock has a 50-day moving average price of $31.79 and a two-hundred day moving average price of $31.24. NYLI Hedge Multi-Strategy Tracker ETF has a 12 month low of $29.58 and a 12 month high of $32.30. The company has a market capitalization of $581.37 million, a PE ratio of 14.66 and a beta of 0.31.

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.