Empirical Asset Management LLC Has $1.26 Million Position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Empirical Asset Management LLC reduced its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 19.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,189 shares of the company’s stock after selling 9,497 shares during the period. Empirical Asset Management LLC’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $1,257,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Carolinas Wealth Consulting LLC bought a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF in the second quarter worth about $32,000. International Assets Investment Management LLC bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the second quarter worth approximately $42,000. Register Financial Advisors LLC bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the first quarter worth approximately $45,000. Central Bank & Trust Co. raised its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 20.9% during the first quarter. Central Bank & Trust Co. now owns 3,079 shares of the company’s stock worth $95,000 after buying an additional 533 shares during the last quarter. Finally, Matrix Trust Co bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the third quarter worth approximately $112,000.

NYLI Hedge Multi-Strategy Tracker ETF Trading Down 0.0 %

Shares of QAI traded down $0.01 on Monday, reaching $32.21. 13,220 shares of the company’s stock were exchanged, compared to its average volume of 116,106. The stock has a market capitalization of $583.00 million, a P/E ratio of 14.66 and a beta of 0.31. The business has a 50 day moving average price of $31.54 and a two-hundred day moving average price of $31.15. NYLI Hedge Multi-Strategy Tracker ETF has a 12 month low of $29.48 and a 12 month high of $32.22.

NYLI Hedge Multi-Strategy Tracker ETF 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.