Coldstream Capital Management Inc. Decreases Stock Holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Coldstream Capital Management Inc. lowered its position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 4.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,360 shares of the company’s stock after selling 764 shares during the period. Coldstream Capital Management Inc. owned approximately 0.08% of NYLI Hedge Multi-Strategy Tracker ETF worth $493,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of QAI. Carolinas Wealth Consulting LLC purchased a new position in NYLI Hedge Multi-Strategy Tracker ETF in the second quarter worth $32,000. International Assets Investment Management LLC purchased a new position in NYLI Hedge Multi-Strategy Tracker ETF during the 2nd quarter worth $42,000. US Bancorp DE purchased a new position in NYLI Hedge Multi-Strategy Tracker ETF during the 3rd quarter worth $89,000. Matrix Trust Co purchased a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the third quarter valued at about $112,000. Finally, Central Bank & Trust Co. boosted its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 111.3% in the second quarter. Central Bank & Trust Co. now owns 6,506 shares of the company’s stock worth $202,000 after acquiring an additional 3,427 shares in the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Stock Performance

Shares of QAI stock opened at $32.53 on Friday. NYLI Hedge Multi-Strategy Tracker ETF has a fifty-two week low of $29.79 and a fifty-two week high of $32.80. The firm has a market capitalization of $588.79 million, a price-to-earnings ratio of 14.66 and a beta of 0.31. The stock’s 50-day simple moving average is $32.31 and its 200-day simple moving average is $31.64.

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.