Tredje AP fonden Purchases 3,175,000 Shares of NYLI Hedge Multi-Strategy Tracker ETF $QAI

Tredje AP fonden raised its position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 102.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,275,000 shares of the company’s stock after acquiring an additional 3,175,000 shares during the quarter. NYLI Hedge Multi-Strategy Tracker ETF makes up approximately 1.6% of Tredje AP fonden’s holdings, making the stock its 13th largest position. Tredje AP fonden owned 27.52% of NYLI Hedge Multi-Strategy Tracker ETF worth $210,275,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of QAI. UBS Group AG boosted its position in NYLI Hedge Multi-Strategy Tracker ETF by 71.5% during the 3rd quarter. UBS Group AG now owns 428,017 shares of the company’s stock valued at $14,394,000 after acquiring an additional 178,394 shares in the last quarter. Verdence Capital Advisors LLC boosted its position in NYLI Hedge Multi-Strategy Tracker ETF by 40.8% during the 3rd quarter. Verdence Capital Advisors LLC now owns 534,721 shares of the company’s stock valued at $18,196,000 after acquiring an additional 154,902 shares in the last quarter. Raymond James Financial Inc. boosted its position in NYLI Hedge Multi-Strategy Tracker ETF by 49.7% during the 2nd quarter. Raymond James Financial Inc. now owns 457,776 shares of the company’s stock valued at $14,795,000 after acquiring an additional 152,013 shares in the last quarter. Pitcairn Co. boosted its position in NYLI Hedge Multi-Strategy Tracker ETF by 7.7% during the 3rd quarter. Pitcairn Co. now owns 1,807,177 shares of the company’s stock valued at $60,775,000 after acquiring an additional 129,310 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in NYLI Hedge Multi-Strategy Tracker ETF during the 2nd quarter valued at approximately $3,272,000.

NYLI Hedge Multi-Strategy Tracker ETF Stock Performance

NYLI Hedge Multi-Strategy Tracker ETF stock opened at $35.85 on Tuesday. The stock’s 50 day simple moving average is $34.95 and its two-hundred day simple moving average is $34.41. The stock has a market cap of $863.99 million, a price-to-earnings ratio of 18.21 and a beta of 0.34. NYLI Hedge Multi-Strategy Tracker ETF has a fifty-two week low of $31.62 and a fifty-two week high of $36.31.

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.