Jane Street Group LLC Increases Stock Holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Jane Street Group LLC increased its stake in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 58.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 53,586 shares of the company’s stock after acquiring an additional 19,700 shares during the quarter. Jane Street Group LLC owned approximately 0.30% of NYLI Hedge Multi-Strategy Tracker ETF worth $1,719,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Carolinas Wealth Consulting LLC purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the second quarter worth about $32,000. International Assets Investment Management LLC purchased a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the 2nd quarter worth approximately $42,000. US Bancorp DE acquired a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF during the third quarter valued at approximately $89,000. Matrix Trust Co purchased a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF in the third quarter valued at approximately $112,000. Finally, Raymond James Trust N.A. acquired a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF in the third quarter worth approximately $254,000.

NYLI Hedge Multi-Strategy Tracker ETF Stock Performance

NYSEARCA QAI opened at $32.28 on Thursday. The business has a fifty day moving average price of $32.33 and a 200 day moving average price of $31.71. The company has a market cap of $584.27 million, a P/E ratio of 14.66 and a beta of 0.31. NYLI Hedge Multi-Strategy Tracker ETF has a one year low of $29.79 and a one year high of $32.80.

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.