NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) is Endowment Wealth Management Inc.’s 3rd Largest Position

Endowment Wealth Management Inc. increased its position in shares of NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 2.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 206,175 shares of the company’s stock after purchasing an additional 5,167 shares during the quarter. NYLI Hedge Multi-Strategy Tracker ETF makes up approximately 4.3% of Endowment Wealth Management Inc.’s investment portfolio, making the stock its 3rd largest position. Endowment Wealth Management Inc. owned about 1.14% of NYLI Hedge Multi-Strategy Tracker ETF worth $6,614,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Pitcairn Co. increased its position in shares of NYLI Hedge Multi-Strategy Tracker ETF by 17.9% during the first quarter. Pitcairn Co. now owns 1,046,094 shares of the company’s stock worth $32,314,000 after purchasing an additional 158,727 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 332.3% in the 2nd quarter. EP Wealth Advisors LLC now owns 758,377 shares of the company’s stock valued at $23,532,000 after buying an additional 582,961 shares in the last quarter. HTLF Bank grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 0.8% in the 2nd quarter. HTLF Bank now owns 693,202 shares of the company’s stock valued at $21,510,000 after buying an additional 5,324 shares in the last quarter. Alaska Permanent Capital Management grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 1.1% in the 3rd quarter. Alaska Permanent Capital Management now owns 653,523 shares of the company’s stock valued at $20,953,000 after buying an additional 7,113 shares in the last quarter. Finally, Alaska Wealth Advisors grew its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 0.5% in the 2nd quarter. Alaska Wealth Advisors now owns 647,287 shares of the company’s stock valued at $20,085,000 after buying an additional 3,075 shares in the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Stock Down 0.1 %

Shares of NYSEARCA:QAI opened at $32.24 on Thursday. The business has a fifty day moving average of $31.95 and a two-hundred day moving average of $31.38. The stock has a market cap of $583.54 million, a P/E ratio of 14.66 and a beta of 0.31. NYLI Hedge Multi-Strategy Tracker ETF has a 52-week low of $29.79 and a 52-week high of $32.43.

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.