CW Advisors LLC Takes $6.91 Million Position in NYLI Hedge Multi-Strategy Tracker ETF $QAI

CW Advisors LLC purchased a new position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 213,768 shares of the company’s stock, valued at approximately $6,909,000. CW Advisors LLC owned 0.99% of NYLI Hedge Multi-Strategy Tracker ETF as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Johnson Financial Group Inc. purchased a new position in NYLI Hedge Multi-Strategy Tracker ETF during the 2nd quarter valued at $39,000. J.Safra Asset Management Corp bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 2nd quarter valued at about $57,000. Farther Finance Advisors LLC boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 101.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,811 shares of the company’s stock valued at $59,000 after purchasing an additional 910 shares in the last quarter. Cetera Investment Advisers purchased a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF during the second quarter valued at about $227,000. Finally, Perigon Wealth Management LLC increased its position in shares of NYLI Hedge Multi-Strategy Tracker ETF by 23.8% during the second quarter. Perigon Wealth Management LLC now owns 8,086 shares of the company’s stock valued at $261,000 after buying an additional 1,557 shares during the period.

NYLI Hedge Multi-Strategy Tracker ETF Price Performance

Shares of QAI opened at $33.85 on Friday. NYLI Hedge Multi-Strategy Tracker ETF has a one year low of $29.57 and a one year high of $34.08. The company has a 50-day simple moving average of $33.71 and a two-hundred day simple moving average of $32.99. The firm has a market capitalization of $832.71 million, a PE ratio of 18.21 and a beta of 0.32.

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.