Empirical Asset Management LLC Has $1.17 Million Stock Holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Empirical Asset Management LLC trimmed its position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,182 shares of the company’s stock after selling 2,007 shares during the period. Empirical Asset Management LLC’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $1,168,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC lifted its stake in NYLI Hedge Multi-Strategy Tracker ETF by 58.1% in the third quarter. Jane Street Group LLC now owns 53,586 shares of the company’s stock valued at $1,719,000 after acquiring an additional 19,700 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 2.6% in the 3rd quarter. Captrust Financial Advisors now owns 576,385 shares of the company’s stock valued at $18,490,000 after purchasing an additional 14,356 shares during the last quarter. Brookstone Capital Management boosted its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 10.6% in the third quarter. Brookstone Capital Management now owns 12,176 shares of the company’s stock worth $391,000 after purchasing an additional 1,163 shares in the last quarter. Greenwood Capital Associates LLC increased its position in NYLI Hedge Multi-Strategy Tracker ETF by 3.9% during the third quarter. Greenwood Capital Associates LLC now owns 8,632 shares of the company’s stock worth $277,000 after buying an additional 325 shares during the last quarter. Finally, Matrix Trust Co bought a new position in NYLI Hedge Multi-Strategy Tracker ETF during the third quarter valued at about $112,000.

NYLI Hedge Multi-Strategy Tracker ETF Stock Performance

QAI opened at $31.80 on Friday. The company has a market cap of $575.58 million, a PE ratio of 14.66 and a beta of 0.31. The stock has a 50-day moving average of $32.16 and a 200-day moving average of $31.79. NYLI Hedge Multi-Strategy Tracker ETF has a 52-week low of $29.81 and a 52-week high of $32.80.

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.