Shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $36.84 and last traded at $36.67, with a volume of 976 shares traded. The stock had previously closed at $36.25.
NYLI Hedge Multi-Strategy Tracker ETF Stock Performance
The stock has a 50-day moving average of $35.83 and a 200-day moving average of $34.79. The firm has a market cap of $880.13 million, a price-to-earnings ratio of 18.21 and a beta of 0.34.
Institutional Investors Weigh In On NYLI Hedge Multi-Strategy Tracker ETF
Hedge funds and other institutional investors have recently bought and sold shares of the company. Phillip James Consulting Co. acquired a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the 1st quarter valued at approximately $27,000. International Assets Investment Management LLC acquired a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the 4th quarter valued at approximately $37,000. EFG International AG acquired a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the 4th quarter valued at approximately $40,000. Advisors Preferred LLC raised its position in NYLI Hedge Multi-Strategy Tracker ETF by 117.4% in the 3rd quarter. Advisors Preferred LLC now owns 1,263 shares of the company’s stock valued at $43,000 after buying an additional 682 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the 4th quarter valued at approximately $99,000.
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.
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