NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Shares Purchased by Moors & Cabot Inc.

Moors & Cabot Inc. increased its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 15.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,794 shares of the company’s stock after purchasing an additional 1,184 shares during the quarter. Moors & Cabot Inc.’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $276,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. US Bancorp DE acquired a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the third quarter valued at $89,000. Steward Partners Investment Advisory LLC lifted its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 204.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,198 shares of the company’s stock valued at $100,000 after acquiring an additional 2,149 shares during the period. Raymond James Trust N.A. acquired a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the third quarter valued at $254,000. New York Life Investment Management LLC lifted its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 40.2% in the fourth quarter. New York Life Investment Management LLC now owns 9,308 shares of the company’s stock valued at $292,000 after acquiring an additional 2,668 shares during the period. Finally, Patten Group Inc. lifted its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 28.8% in the fourth quarter. Patten Group Inc. now owns 9,711 shares of the company’s stock valued at $305,000 after acquiring an additional 2,174 shares during the period.

NYLI Hedge Multi-Strategy Tracker ETF Stock Up 0.7 %

Shares of QAI stock opened at $31.41 on Monday. NYLI Hedge Multi-Strategy Tracker ETF has a fifty-two week low of $30.25 and a fifty-two week high of $32.80. The stock has a market cap of $687.88 million, a P/E ratio of 18.58 and a beta of 0.32. The business has a fifty day simple moving average of $31.76 and a 200-day simple moving average of $31.97.

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.