Baron Financial Group LLC Boosts Holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Baron Financial Group LLC raised its holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 92,968 shares of the company’s stock after purchasing an additional 1,275 shares during the period. NYLI Hedge Multi-Strategy Tracker ETF accounts for approximately 1.8% of Baron Financial Group LLC’s portfolio, making the stock its 20th largest holding. Baron Financial Group LLC owned approximately 0.51% of NYLI Hedge Multi-Strategy Tracker ETF worth $2,920,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. US Bancorp DE purchased a new stake in NYLI Hedge Multi-Strategy Tracker ETF in the 3rd quarter valued at approximately $89,000. Matrix Trust Co acquired a new position in shares of NYLI Hedge Multi-Strategy Tracker ETF in the third quarter worth $112,000. Raymond James Trust N.A. purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF in the third quarter valued at $254,000. Greenwood Capital Associates LLC boosted its stake in shares of 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 valued at $277,000 after acquiring an additional 325 shares during the last quarter. Finally, Brookstone Capital Management increased its position in NYLI Hedge Multi-Strategy Tracker ETF by 10.6% during the 3rd 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.

NYLI Hedge Multi-Strategy Tracker ETF Trading Down 0.2 %

Shares of QAI stock opened at $31.94 on Friday. NYLI Hedge Multi-Strategy Tracker ETF has a twelve month low of $29.83 and a twelve month high of $32.80. The company has a market capitalization of $578.11 million, a price-to-earnings ratio of 14.66 and a beta of 0.31. The firm has a 50-day moving average price of $32.12 and a 200 day moving average price of $31.82.

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.