Coldstream Capital Management Inc. Trims Holdings in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Coldstream Capital Management Inc. lowered its position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 4.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,360 shares of the company’s stock after selling 764 shares during the period. Coldstream Capital Management Inc.’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $493,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of QAI. Raymond James & Associates lifted its holdings in shares of 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. Captrust Financial Advisors raised its position in NYLI Hedge Multi-Strategy Tracker ETF by 2.6% during the third quarter. Captrust Financial Advisors now owns 576,385 shares of the company’s stock valued at $18,490,000 after acquiring an additional 14,356 shares in the last quarter. Brookstone Capital Management lifted its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 10.6% in the third quarter. Brookstone Capital Management now owns 12,176 shares of the company’s stock valued at $391,000 after acquiring an additional 1,163 shares during the period. UP Strategic Wealth Investment Advisors LLC boosted its position in NYLI Hedge Multi-Strategy Tracker ETF by 8.5% in the 2nd quarter. UP Strategic Wealth Investment Advisors LLC now owns 10,712 shares of the company’s stock worth $332,000 after purchasing an additional 837 shares in the last quarter. Finally, Matrix Trust Co acquired a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 3rd quarter worth approximately $112,000.

NYLI Hedge Multi-Strategy Tracker ETF Price Performance

QAI opened at $32.53 on Friday. The firm has a fifty day moving average price of $32.31 and a 200 day moving average price of $31.64. NYLI Hedge Multi-Strategy Tracker ETF has a 1 year low of $29.79 and a 1 year high of $32.80. The stock has a market cap of $588.79 million, a P/E ratio of 14.66 and a beta of 0.31.

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.