Alaska Wealth Advisors LLC Acquires 37,306 Shares of NYLI Hedge Multi-Strategy Tracker ETF $QAI

Alaska Wealth Advisors LLC raised its holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 3.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,057,898 shares of the company’s stock after acquiring an additional 37,306 shares during the period. NYLI Hedge Multi-Strategy Tracker ETF makes up approximately 4.3% of Alaska Wealth Advisors LLC’s portfolio, making the stock its 7th biggest position. Alaska Wealth Advisors LLC’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $36,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Tredje AP fonden lifted its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 102.4% during the 4th quarter. Tredje AP fonden now owns 6,275,000 shares of the company’s stock worth $210,275,000 after acquiring an additional 3,175,000 shares during the period. Morgan Stanley lifted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 5.9% in the 4th quarter. Morgan Stanley now owns 3,419,037 shares of the company’s stock valued at $114,572,000 after purchasing an additional 190,320 shares in the last quarter. Pitcairn Co. grew its holdings 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 worth $60,775,000 after purchasing an additional 129,310 shares during the period. Alaska Permanent Capital Management LLC grew its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 10.2% during 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 during the period. Finally, Focus Partners Wealth increased its position in NYLI Hedge Multi-Strategy Tracker ETF by 14.8% during the 3rd quarter. Focus Partners Wealth now owns 757,604 shares of the company’s stock worth $25,543,000 after purchasing an additional 97,734 shares in the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Stock Down 0.5%

QAI opened at $36.41 on Thursday. NYLI Hedge Multi-Strategy Tracker ETF has a 52-week low of $32.21 and a 52-week high of $36.89. The company has a 50 day moving average of $36.16 and a two-hundred day moving average of $35.00. The company has a market cap of $1.01 billion, a P/E ratio of 18.21 and a beta of 0.34.

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.