Alaska Permanent Capital Management LLC Purchases 150,671 Shares of NYLI Hedge Multi-Strategy Tracker ETF $QAI

Alaska Permanent Capital Management LLC increased its position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 10.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,623,616 shares of the company’s stock after purchasing an additional 150,671 shares during the quarter. NYLI Hedge Multi-Strategy Tracker ETF accounts for 3.9% of Alaska Permanent Capital Management LLC’s portfolio, making the stock its 10th largest position. Alaska Permanent Capital Management LLC owned 7.25% of NYLI Hedge Multi-Strategy Tracker ETF worth $55,383,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Cetera Investment Advisers purchased a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the 2nd quarter worth approximately $227,000. Darwin Wealth Management LLC purchased a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 2nd quarter valued at approximately $3,272,000. Raymond James Financial Inc. boosted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 49.7% during the 2nd quarter. Raymond James Financial Inc. now owns 457,776 shares of the company’s stock valued at $14,795,000 after buying an additional 152,013 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 1.6% in the second quarter. Captrust Financial Advisors now owns 591,319 shares of the company’s stock worth $19,111,000 after buying an additional 9,384 shares during the last quarter. Finally, Evergreen Capital Management LLC bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF in the second quarter worth $1,648,000.

NYLI Hedge Multi-Strategy Tracker ETF Price Performance

QAI opened at $36.41 on Thursday. The stock has a market capitalization of $1.01 billion, a PE ratio of 18.21 and a beta of 0.34. The firm’s fifty day moving average price is $36.16 and its 200 day moving average price is $35.00. NYLI Hedge Multi-Strategy Tracker ETF has a 12-month low of $32.21 and a 12-month high of $36.89.

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.