Hyposwiss Advisors SA Takes $1.71 Million Position in NYLI Hedge Multi-Strategy Tracker ETF $QAI

Hyposwiss Advisors SA bought a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 51,095 shares of the company’s stock, valued at approximately $1,712,000. NYLI Hedge Multi-Strategy Tracker ETF comprises approximately 1.7% of Hyposwiss Advisors SA’s holdings, making the stock its 20th largest position. Hyposwiss Advisors SA owned about 0.22% of NYLI Hedge Multi-Strategy Tracker ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the fourth quarter valued at approximately $37,000. EFG International AG purchased a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the fourth quarter valued at approximately $40,000. Advisors Preferred LLC increased its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 117.4% during the third quarter. Advisors Preferred LLC now owns 1,263 shares of the company’s stock valued at $43,000 after buying an additional 682 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the fourth quarter valued at approximately $99,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 506.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,054 shares of the company’s stock valued at $102,000 after buying an additional 2,550 shares during the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Trading Down 0.2%

Shares of QAI stock opened at $36.45 on Thursday. NYLI Hedge Multi-Strategy Tracker ETF has a 12 month low of $31.91 and a 12 month high of $36.84. The stock has a market cap of $878.45 million, a P/E ratio of 18.21 and a beta of 0.34. The company has a 50 day simple moving average of $35.87 and a two-hundred day simple moving average of $34.81.

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.