Alaska Wealth Advisors Grows Holdings in NYLI Hedge Multi-Strategy Tracker ETF $QAI

Alaska Wealth Advisors increased its stake in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 4.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 986,028 shares of the company’s stock after acquiring an additional 43,780 shares during the period. NYLI Hedge Multi-Strategy Tracker ETF makes up approximately 4.3% of Alaska Wealth Advisors’ investment portfolio, making the stock its 6th biggest position. Alaska Wealth Advisors owned approximately 4.01% of NYLI Hedge Multi-Strategy Tracker ETF worth $33,160,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Johnson Financial Group Inc. bought a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the second quarter worth approximately $39,000. J.Safra Asset Management Corp bought a new position in NYLI Hedge Multi-Strategy Tracker ETF during the 2nd quarter valued at $57,000. Farther Finance Advisors LLC increased its position in shares of NYLI Hedge Multi-Strategy Tracker ETF by 101.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,811 shares of the company’s stock valued at $59,000 after purchasing an additional 910 shares during the period. CWM LLC increased its position in shares of NYLI Hedge Multi-Strategy Tracker ETF by 30.5% during the 3rd quarter. CWM LLC now owns 1,884 shares of the company’s stock valued at $63,000 after purchasing an additional 440 shares during the period. Finally, Sincerus Advisory LLC bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF in the 3rd quarter worth $203,000.

NYLI Hedge Multi-Strategy Tracker ETF Price Performance

Shares of NYLI Hedge Multi-Strategy Tracker ETF stock opened at $34.39 on Monday. The business has a fifty day simple moving average of $33.90 and a 200-day simple moving average of $33.50. NYLI Hedge Multi-Strategy Tracker ETF has a fifty-two week low of $29.57 and a fifty-two week high of $34.44. The firm has a market cap of $784.09 million, a price-to-earnings ratio of 18.21 and a beta of 0.32.

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.