Central Bank & Trust Co. Buys New Stake in NYLI Hedge Multi-Strategy Tracker ETF $QAI

Central Bank & Trust Co. purchased a new position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,880 shares of the company’s stock, valued at approximately $666,000. Central Bank & Trust Co. owned about 0.09% of NYLI Hedge Multi-Strategy Tracker ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Baron Financial Group LLC lifted its position in NYLI Hedge Multi-Strategy Tracker ETF by 1.5% during the fourth quarter. Baron Financial Group LLC now owns 96,731 shares of the company’s stock valued at $3,241,000 after purchasing an additional 1,415 shares during the last quarter. Mariner LLC grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 380.9% in the 3rd quarter. Mariner LLC now owns 65,002 shares of the company’s stock worth $2,186,000 after buying an additional 51,485 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 14.8% in the 3rd quarter. Focus Partners Wealth now owns 757,604 shares of the company’s stock worth $25,543,000 after buying an additional 97,734 shares during the last quarter. Citadel Advisors LLC increased its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 31.0% in the 3rd quarter. Citadel Advisors LLC now owns 40,561 shares of the company’s stock worth $1,364,000 after buying an additional 9,592 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of NYLI Hedge Multi-Strategy Tracker ETF by 0.3% during the 3rd quarter. Raymond James Financial Inc. now owns 459,336 shares of the company’s stock valued at $15,447,000 after buying an additional 1,560 shares in the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Trading Up 0.6%

Shares of NYSEARCA:QAI opened at $34.06 on Tuesday. NYLI Hedge Multi-Strategy Tracker ETF has a 12 month low of $29.57 and a 12 month high of $35.02. The company has a 50-day moving average price of $34.47 and a 200 day moving average price of $34.00. The company has a market cap of $776.57 million, a price-to-earnings ratio of 18.21 and a beta of 0.32.

NYLI Hedge Multi-Strategy Tracker ETF Company 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.