Belpointe Asset Management LLC Takes Position in IQ Hedge Market Neutral Tracker ETF (NYSEARCA:QMN)

Belpointe Asset Management LLC bought a new stake in shares of IQ Hedge Market Neutral Tracker ETF (NYSEARCA:QMN – Get Rating) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,098 shares of the company’s stock, valued at approximately $51,000. Belpointe Asset Management LLC owned approximately 0.70% of IQ Hedge Market Neutral Tracker ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Private Advisor Group LLC purchased a new position in shares of IQ Hedge Market Neutral Tracker ETF in the 1st quarter valued at approximately $601,000. Envestnet Asset Management Inc. purchased a new position in IQ Hedge Market Neutral Tracker ETF during the fourth quarter valued at $415,000. Finally, Citadel Advisors LLC boosted its holdings in shares of IQ Hedge Market Neutral Tracker ETF by 59.9% during the 3rd quarter. Citadel Advisors LLC now owns 42,243 shares of the company’s stock valued at $1,046,000 after buying an additional 15,832 shares in the last quarter.

IQ Hedge Market Neutral Tracker ETF Stock Performance

Shares of IQ Hedge Market Neutral Tracker ETF stock opened at $24.84 on Wednesday. IQ Hedge Market Neutral Tracker ETF has a 1 year low of $24.39 and a 1 year high of $26.77. The company has a 50-day moving average of $24.84 and a 200 day moving average of $24.93.