NYLI Hedge Multi-Strategy Tracker ETF $QAI is Alaska Permanent Capital Management LLC’s 10th Largest Position

Alaska Permanent Capital Management LLC cut its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 4.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,472,945 shares of the company’s stock after selling 68,080 shares during the quarter. NYLI Hedge Multi-Strategy Tracker ETF makes up 3.7% of Alaska Permanent Capital Management LLC’s holdings, making the stock its 10th biggest holding. Alaska Permanent Capital Management LLC owned 0.06% of NYLI Hedge Multi-Strategy Tracker ETF worth $49,370,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Patten Group Inc. grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 133.8% during the 4th quarter. Patten Group Inc. now owns 53,202 shares of the company’s stock valued at $1,783,000 after buying an additional 30,445 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 4th quarter valued at $1,828,000. Pitcairn Co. grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 7.7% during the 3rd quarter. Pitcairn Co. now owns 1,807,177 shares of the company’s stock valued at $60,775,000 after buying an additional 129,310 shares during the period. Verdence Capital Advisors LLC grew its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 17.0% during the 4th quarter. Verdence Capital Advisors LLC now owns 625,462 shares of the company’s stock valued at $20,959,000 after buying an additional 90,741 shares during the period. Finally, Central Bank & Trust Co. purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 4th quarter valued at $666,000.

NYLI Hedge Multi-Strategy Tracker ETF Stock Up 0.3%

Shares of NYSEARCA QAI opened at $36.36 on Friday. NYLI Hedge Multi-Strategy Tracker ETF has a 52-week low of $31.81 and a 52-week high of $36.75. The firm has a fifty day moving average of $35.74 and a 200-day moving average of $34.74. The stock has a market capitalization of $876.28 million, a PE ratio of 18.21 and a beta of 0.34.

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.