15,053 Shares in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Purchased by Insight Inv LLC

Insight Inv LLC purchased a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,053 shares of the company’s stock, valued at approximately $483,000. Insight Inv LLC owned 0.08% of NYLI Hedge Multi-Strategy Tracker ETF at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. US Bancorp DE acquired a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF in the 3rd quarter worth approximately $89,000. Matrix Trust Co acquired a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the third quarter worth approximately $112,000. Raymond James Trust N.A. purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the third quarter worth $254,000. Greenwood Capital Associates LLC grew 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 in the last quarter. Finally, Brookstone Capital Management increased its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 10.6% during the 3rd quarter. Brookstone Capital Management now owns 12,176 shares of the company’s stock worth $391,000 after purchasing an additional 1,163 shares during the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Price Performance

NYSEARCA QAI opened at $31.94 on Friday. The company’s fifty day moving average is $32.12 and its two-hundred day moving average is $31.82. The firm has a market capitalization of $578.11 million, a price-to-earnings ratio of 14.66 and a beta of 0.31. NYLI Hedge Multi-Strategy Tracker ETF has a 52-week low of $29.83 and a 52-week high of $32.80.

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.