Patten Group Inc. Raises Stock Holdings in NYLI Hedge Multi-Strategy Tracker ETF $QAI

Patten Group Inc. raised its position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 133.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 53,202 shares of the company’s stock after purchasing an additional 30,445 shares during the quarter. Patten Group Inc. owned 0.23% of NYLI Hedge Multi-Strategy Tracker ETF worth $1,783,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Twelve Points Wealth Management LLC grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 2.6% during the 4th quarter. Twelve Points Wealth Management LLC now owns 56,510 shares of the company’s stock valued at $1,929,000 after purchasing an additional 1,428 shares during the period. Darwin Wealth Management LLC grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 3.4% during the 4th quarter. Darwin Wealth Management LLC now owns 108,647 shares of the company’s stock valued at $3,641,000 after purchasing an additional 3,559 shares during the period. Rathbones Group PLC grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 17.8% during the 4th quarter. Rathbones Group PLC now owns 16,647 shares of the company’s stock valued at $558,000 after purchasing an additional 2,514 shares during the period. Aspiriant LLC grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 7.6% during the 4th quarter. Aspiriant LLC now owns 176,091 shares of the company’s stock valued at $5,901,000 after purchasing an additional 12,383 shares during the period. Finally, Central Bank & Trust Co. bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 4th quarter valued at about $666,000.

NYLI Hedge Multi-Strategy Tracker ETF Stock Up 0.5%

NYLI Hedge Multi-Strategy Tracker ETF stock opened at $35.05 on Tuesday. The business has a 50-day simple moving average of $34.46 and a two-hundred day simple moving average of $34.09. The company has a market cap of $785.12 million, a P/E ratio of 18.21 and a beta of 0.32. NYLI Hedge Multi-Strategy Tracker ETF has a 52-week low of $30.38 and a 52-week high of $35.06.

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.