Stifel Financial Corp Acquires 17,090 Shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Stifel Financial Corp lifted its position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 168.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,265 shares of the company’s stock after buying an additional 17,090 shares during the period. Stifel Financial Corp owned about 0.15% of NYLI Hedge Multi-Strategy Tracker ETF worth $856,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC lifted its position in NYLI Hedge Multi-Strategy Tracker ETF by 2.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 22,596 shares of the company’s stock worth $725,000 after acquiring an additional 629 shares during the last quarter. Matrix Trust Co increased its position in NYLI Hedge Multi-Strategy Tracker ETF by 613.6% during the 4th quarter. Matrix Trust Co now owns 24,897 shares of the company’s stock worth $782,000 after purchasing an additional 21,408 shares in the last quarter. Insight Inv LLC bought a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF in the 4th quarter valued at $483,000. Flagship Harbor Advisors LLC bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the fourth quarter worth about $550,000. Finally, Baron Financial Group LLC increased its position in NYLI Hedge Multi-Strategy Tracker ETF by 1.4% in the 4th quarter. Baron Financial Group LLC now owns 92,968 shares of the company’s stock valued at $2,920,000 after acquiring an additional 1,275 shares during the period.

NYLI Hedge Multi-Strategy Tracker ETF Trading Up 0.1 %

NYSEARCA QAI opened at $31.49 on Friday. The business’s 50-day moving average price is $31.09 and its two-hundred day moving average price is $31.73. NYLI Hedge Multi-Strategy Tracker ETF has a 12 month low of $29.57 and a 12 month high of $32.80. The firm has a market capitalization of $694.35 million, a PE ratio of 18.84 and a beta of 0.31.

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.