NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Shares Sold by Aspiriant LLC

Aspiriant LLC cut its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 5.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 183,058 shares of the company’s stock after selling 11,474 shares during the quarter. Aspiriant LLC owned 1.01% of NYLI Hedge Multi-Strategy Tracker ETF worth $5,750,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 58.1% in the third quarter. Jane Street Group LLC now owns 53,586 shares of the company’s stock valued at $1,719,000 after buying an additional 19,700 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 2.6% in the third quarter. Captrust Financial Advisors now owns 576,385 shares of the company’s stock valued at $18,490,000 after purchasing an additional 14,356 shares during the period. Brookstone Capital Management lifted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 10.6% in the third quarter. Brookstone Capital Management now owns 12,176 shares of the company’s stock valued at $391,000 after purchasing an additional 1,163 shares during the period. Greenwood Capital Associates LLC lifted its position in shares of NYLI Hedge Multi-Strategy Tracker ETF by 3.9% during the 3rd quarter. Greenwood Capital Associates LLC now owns 8,632 shares of the company’s stock valued at $277,000 after acquiring an additional 325 shares during the period. Finally, Matrix Trust Co purchased a new position in NYLI Hedge Multi-Strategy Tracker ETF in the 3rd quarter valued at approximately $112,000.

NYLI Hedge Multi-Strategy Tracker ETF Price Performance

NYSEARCA QAI opened at $31.80 on Tuesday. The company has a 50-day moving average of $32.14 and a 200-day moving average of $31.80. NYLI Hedge Multi-Strategy Tracker ETF has a 12 month low of $29.81 and a 12 month high of $32.80. The company has a market cap of $575.58 million, a P/E ratio of 14.66 and a beta of 0.31.

NYLI Hedge Multi-Strategy Tracker ETF Company 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.