NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Shares Bought by Patten Group Inc.

Patten Group Inc. boosted its position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 28.8% in the 4th quarter, HoldingsChannel reports. The fund owned 9,711 shares of the company’s stock after acquiring an additional 2,174 shares during the period. Patten Group Inc.’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $305,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Greenwood Capital Associates LLC grew its holdings in 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 worth $277,000 after acquiring an additional 325 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 2.9% during the 4th 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 in the last quarter. CreativeOne Wealth LLC grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 8.2% during the 3rd quarter. CreativeOne Wealth LLC now owns 16,771 shares of the company’s stock worth $538,000 after acquiring an additional 1,270 shares in the last quarter. Baron Financial Group LLC grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 1.4% during the 4th quarter. Baron Financial Group LLC now owns 92,968 shares of the company’s stock worth $2,920,000 after acquiring an additional 1,275 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 204.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,198 shares of the company’s stock worth $100,000 after acquiring an additional 2,149 shares in the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Stock Down 0.2 %

NYSEARCA QAI opened at $31.49 on Wednesday. NYLI Hedge Multi-Strategy Tracker ETF has a 52 week low of $30.25 and a 52 week high of $32.80. The stock has a market capitalization of $689.63 million, a PE ratio of 19.24 and a beta of 0.32. The firm has a 50 day moving average of $31.83 and a two-hundred day 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.