NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Reaches New 12-Month High – Here’s What Happened

by · The Cerbat Gem

Shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $34.12 and last traded at $34.07, with a volume of 52541 shares trading hands. The stock had previously closed at $33.92.

NYLI Hedge Multi-Strategy Tracker ETF Stock Performance

The business’s fifty day simple moving average is $33.73 and its 200 day simple moving average is $33.04. The stock has a market cap of $837.63 million, a price-to-earnings ratio of 18.21 and a beta of 0.32.

Hedge Funds Weigh In On NYLI Hedge Multi-Strategy Tracker ETF

A number of institutional investors have recently made changes to their positions in QAI. CreativeOne Wealth LLC boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 1.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 20,855 shares of the company’s stock valued at $701,000 after buying an additional 297 shares during the last quarter. LPL Financial LLC raised its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 0.5% in the first quarter. LPL Financial LLC now owns 67,877 shares of the company’s stock valued at $2,125,000 after acquiring an additional 369 shares in the last quarter. Baron Financial Group LLC raised its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 0.4% in the second quarter. Baron Financial Group LLC now owns 93,788 shares of the company’s stock valued at $3,031,000 after acquiring an additional 390 shares in the last quarter. StoneX Group Inc. boosted its stake in NYLI Hedge Multi-Strategy Tracker ETF by 4.2% during the 2nd quarter. StoneX Group Inc. now owns 10,199 shares of the company’s stock valued at $330,000 after acquiring an additional 408 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 5.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 8,716 shares of the company’s stock worth $293,000 after acquiring an additional 430 shares in the last quarter.

About NYLI Hedge Multi-Strategy Tracker ETF

(Get Free Report)

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.

Featured Articles