Hancock Whitney Corp Increases Stake in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Hancock Whitney Corp boosted its position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 145.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,333 shares of the company’s stock after purchasing an additional 16,185 shares during the period. Hancock Whitney Corp’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $877,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Strategic Advocates LLC boosted its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 17.1% during the 2nd quarter. Strategic Advocates LLC now owns 34,181 shares of the company’s stock valued at $1,061,000 after acquiring an additional 4,988 shares during the period. Twelve Points Wealth Management LLC grew its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 1.2% in the second quarter. Twelve Points Wealth Management LLC now owns 54,371 shares of the company’s stock worth $1,687,000 after purchasing an additional 628 shares during the last quarter. Cooper Financial Group increased its stake in NYLI Hedge Multi-Strategy Tracker ETF by 20.5% in the 2nd quarter. Cooper Financial Group now owns 102,771 shares of the company’s stock worth $3,189,000 after buying an additional 17,500 shares during the period. Brookstone Capital Management bought a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the 2nd quarter valued at about $346,000. Finally, Raymond James & Associates boosted its position in NYLI Hedge Multi-Strategy Tracker ETF by 10.1% in the 2nd quarter. Raymond James & Associates now owns 163,743 shares of the company’s stock valued at $5,081,000 after buying an additional 14,967 shares during the period.

NYLI Hedge Multi-Strategy Tracker ETF Price Performance

Shares of QAI stock opened at $32.55 on Wednesday. The company has a market capitalization of $589.16 million, a P/E ratio of 14.66 and a beta of 0.31. The company’s 50-day simple moving average is $32.14 and its two-hundred day simple moving average is $31.49. NYLI Hedge Multi-Strategy Tracker ETF has a one year low of $29.79 and a one year high of $32.62.

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.