Alaska Wealth Advisors Has $12.76 Million Position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Alaska Wealth Advisors trimmed its holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 406,088 shares of the company’s stock after selling 4,406 shares during the period. NYLI Hedge Multi-Strategy Tracker ETF accounts for 2.0% of Alaska Wealth Advisors’ holdings, making the stock its 14th largest position. Alaska Wealth Advisors’ holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $12,755,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Pitcairn Co. lifted its stake in NYLI Hedge Multi-Strategy Tracker ETF by 46.9% in the 3rd quarter. Pitcairn Co. now owns 1,602,027 shares of the company’s stock valued at $51,393,000 after purchasing an additional 511,219 shares during the last quarter. Alaska Permanent Capital Management boosted its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 3.8% during the 4th quarter. Alaska Permanent Capital Management now owns 678,343 shares of the company’s stock valued at $21,326,000 after acquiring an additional 24,820 shares in the last quarter. Captrust Financial Advisors grew its position in NYLI Hedge Multi-Strategy Tracker ETF by 2.6% during the 3rd quarter. Captrust Financial Advisors now owns 576,385 shares of the company’s stock worth $18,490,000 after acquiring an additional 14,356 shares during the last quarter. Verdence Capital Advisors LLC grew its position in NYLI Hedge Multi-Strategy Tracker ETF by 2.8% during the 3rd quarter. Verdence Capital Advisors LLC now owns 292,667 shares of the company’s stock worth $9,389,000 after acquiring an additional 7,896 shares during the last quarter. Finally, Endowment Wealth Management Inc. increased its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 2.6% in the 3rd quarter. Endowment Wealth Management Inc. now owns 206,175 shares of the company’s stock worth $6,614,000 after purchasing an additional 5,167 shares in the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Trading Down 0.2 %

Shares of QAI stock opened at $32.02 on Wednesday. The firm has a market capitalization of $579.56 million, a price-to-earnings ratio of 14.66 and a beta of 0.31. The business’s 50-day moving average price is $32.00 and its 200-day moving average price is $31.87. NYLI Hedge Multi-Strategy Tracker ETF has a 12 month low of $30.02 and a 12 month 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.