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

Hyposwiss Advisors SA acquired a new position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 51,095 shares of the company’s stock, valued at approximately $1,712,000. NYLI Hedge Multi-Strategy Tracker ETF makes up approximately 1.7% of Hyposwiss Advisors SA’s investment portfolio, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. CreativeOne Wealth LLC increased its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 1.4% in the third quarter. CreativeOne Wealth LLC now owns 20,855 shares of the company’s stock worth $701,000 after purchasing an additional 297 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 5.2% in the third quarter. BNP Paribas Financial Markets now owns 8,716 shares of the company’s stock worth $293,000 after purchasing an additional 430 shares in the last quarter. J.Safra Asset Management Corp increased its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 10.0% in the fourth quarter. J.Safra Asset Management Corp now owns 5,259 shares of the company’s stock worth $176,000 after purchasing an additional 478 shares in the last quarter. Greenwood Capital Associates LLC increased its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 4.8% in the fourth quarter. Greenwood Capital Associates LLC now owns 12,311 shares of the company’s stock worth $413,000 after purchasing an additional 559 shares in the last quarter. Finally, Advisors Preferred LLC increased its stake in shares of NYLI Hedge Multi-Strategy Tracker ETF by 117.4% in the third quarter. Advisors Preferred LLC now owns 1,263 shares of the company’s stock worth $43,000 after purchasing an additional 682 shares in the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Price Performance

Shares of NYSEARCA QAI opened at $36.45 on Thursday. The firm has a fifty day moving average price of $35.87 and a 200-day moving average price of $34.81. The stock has a market cap of $878.45 million, a PE ratio of 18.21 and a beta of 0.34. NYLI Hedge Multi-Strategy Tracker ETF has a 1 year low of $31.91 and a 1 year high of $36.84.

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.