Verdence Capital Advisors LLC increased its stake in NYLIM Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI – Free Report) by 3.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 807,936 shares of the company’s stock after acquiring an additional 29,857 shares during the period. NYLIM Hedge Multi-Strategy Tracker ETF comprises approximately 1.2% of Verdence Capital Advisors LLC’s portfolio, making the stock its 15th largest position. Verdence Capital Advisors LLC owned about 2.90% of NYLIM Hedge Multi-Strategy Tracker ETF worth $29,118,000 as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. Aspiriant LLC purchased a new stake in NYLIM Hedge Multi-Strategy Tracker ETF during the third quarter valued at about $7,624,000. Alaska Permanent Capital Management LLC boosted its holdings in shares of NYLIM Hedge Multi-Strategy Tracker ETF by 10.2% in the 1st quarter. Alaska Permanent Capital Management LLC now owns 1,623,616 shares of the company’s stock worth $55,383,000 after purchasing an additional 150,671 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of NYLIM Hedge Multi-Strategy Tracker ETF during the 1st quarter valued at about $3,971,000. Diversify Advisory Services LLC increased its position in shares of NYLIM Hedge Multi-Strategy Tracker ETF by 145.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 146,907 shares of the company’s stock valued at $5,284,000 after purchasing an additional 87,081 shares during the last quarter. Finally, Sowell Financial Services LLC bought a new position in shares of NYLIM Hedge Multi-Strategy Tracker ETF during the 3rd quarter valued at about $3,082,000.
NYLIM Hedge Multi-Strategy Tracker ETF Trading Up 0.1%
Shares of NYSEARCA QAI opened at $35.55 on Tuesday. The stock has a market cap of $991.84 million, a price-to-earnings ratio of 18.21 and a beta of 0.34. NYLIM Hedge Multi-Strategy Tracker ETF has a 1-year low of $33.00 and a 1-year high of $36.90. The stock’s 50-day moving average is $36.24 and its 200 day moving average is $35.58.
NYLIM 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.
Featured Articles
- Five stocks we like better than NYLIM Hedge Multi-Strategy Tracker ETF
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for NYLIM Hedge Multi-Strategy Tracker ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NYLIM Hedge Multi-Strategy Tracker ETF and related companies with MarketBeat.com's FREE daily email newsletter.
