NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. cut its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 26.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,682 shares of the company’s stock after selling 2,358 shares during the quarter. Freedom Investment Management Inc.’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $214,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Greenwood Capital Associates LLC boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 3.9% in the 3rd quarter. Greenwood Capital Associates LLC now owns 8,632 shares of the company’s stock valued at $277,000 after buying an additional 325 shares during the period. Twelve Points Wealth Management LLC lifted its stake in NYLI Hedge Multi-Strategy Tracker ETF by 1.2% in the second quarter. Twelve Points Wealth Management LLC now owns 54,371 shares of the company’s stock worth $1,687,000 after acquiring an additional 628 shares during the last quarter. One Capital Management LLC lifted its stake in NYLI Hedge Multi-Strategy Tracker ETF by 0.3% in the second quarter. One Capital Management LLC now owns 277,175 shares of the company’s stock worth $8,601,000 after acquiring an additional 764 shares during the last quarter. UP Strategic Wealth Investment Advisors LLC grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 8.5% during the 2nd quarter. UP Strategic Wealth Investment Advisors LLC now owns 10,712 shares of the company’s stock worth $332,000 after acquiring an additional 837 shares in the last quarter. Finally, Carolinas Wealth Consulting LLC purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF in the 2nd quarter valued at approximately $32,000.

NYLI Hedge Multi-Strategy Tracker ETF Trading Up 0.2 %

Shares of QAI stock opened at $32.62 on Monday. The company has a market cap of $590.42 million, a P/E ratio of 14.66 and a beta of 0.31. The firm has a fifty day moving average price of $32.18 and a 200 day moving average price of $31.53. NYLI Hedge Multi-Strategy Tracker ETF has a 12 month low of $29.79 and a 12 month high of $32.62.

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.