IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) is Darwin Wealth Management LLC’s 9th Largest Position

Darwin Wealth Management LLC increased its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 1.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 220,234 shares of the company’s stock after acquiring an additional 2,426 shares during the period. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF makes up about 3.4% of Darwin Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. Darwin Wealth Management LLC’s holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF were worth $6,834,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF in the 2nd quarter worth $42,000. Register Financial Advisors LLC purchased a new position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF in the 1st quarter worth $45,000. Central Bank & Trust Co. grew its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 20.9% during the 1st quarter. Central Bank & Trust Co. now owns 3,079 shares of the company’s stock worth $95,000 after purchasing an additional 533 shares during the period. Able Wealth Management LLC acquired a new stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 4th quarter worth about $150,000. Finally, Davis R M Inc. acquired a new stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 1st quarter worth about $202,000.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Stock Performance

Shares of QAI opened at $31.48 on Friday. The business’s 50-day moving average is $31.25 and its two-hundred day moving average is $30.94. The company has a market capitalization of $569.79 million, a P/E ratio of 14.66 and a beta of 0.31. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a fifty-two week low of $29.48 and a fifty-two week high of $31.63.

About IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF

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.