Empirical Asset Management LLC Grows Position in NYLI Hedge Multi-Strategy Tracker ETF $QAI

Empirical Asset Management LLC boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 2.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,318 shares of the company’s stock after purchasing an additional 854 shares during the period. Empirical Asset Management LLC owned approximately 0.18% of NYLI Hedge Multi-Strategy Tracker ETF worth $1,238,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of QAI. Farther Finance Advisors LLC grew its position in NYLI Hedge Multi-Strategy Tracker ETF by 281.8% during the 1st quarter. Farther Finance Advisors LLC now owns 901 shares of the company’s stock worth $28,000 after purchasing an additional 665 shares during the last quarter. Flagship Harbor Advisors LLC grew its position in NYLI Hedge Multi-Strategy Tracker ETF by 11.3% during the 1st quarter. Flagship Harbor Advisors LLC now owns 19,505 shares of the company’s stock worth $611,000 after purchasing an additional 1,984 shares during the last quarter. Perigon Wealth Management LLC purchased a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the 1st quarter worth approximately $204,000. Twelve Points Wealth Management LLC grew its position in NYLI Hedge Multi-Strategy Tracker ETF by 2.6% during the 1st quarter. Twelve Points Wealth Management LLC now owns 56,284 shares of the company’s stock worth $1,762,000 after purchasing an additional 1,442 shares during the last quarter. Finally, Alaska Wealth Advisors grew its position in NYLI Hedge Multi-Strategy Tracker ETF by 124.1% during the 1st quarter. Alaska Wealth Advisors now owns 910,206 shares of the company’s stock worth $28,499,000 after purchasing an additional 504,118 shares during the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Trading Down 0.1%

NYSEARCA:QAI opened at $33.76 on Friday. The company has a market cap of $820.37 million, a PE ratio of 18.21 and a beta of 0.30. NYLI Hedge Multi-Strategy Tracker ETF has a twelve month low of $29.57 and a twelve month high of $34.08. The company’s 50 day moving average is $33.33 and its two-hundred day moving average is $32.31.

About NYLI Hedge Multi-Strategy Tracker ETF

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.