IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC reduced its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAIFree Report) by 13.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,174 shares of the company’s stock after selling 15,243 shares during the period. HBK Sorce Advisory LLC owned approximately 0.53% of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF worth $2,984,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Pitcairn Co. grew its stake in IndexIQ ETF Trust – IQ 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 buying an additional 158,727 shares during the period. Brio Consultants LLC boosted its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 1.8% during the 4th quarter. Brio Consultants LLC now owns 727,758 shares of the company’s stock worth $21,906,000 after purchasing an additional 12,584 shares during the period. HTLF Bank increased its holdings in IndexIQ ETF Trust – IQ 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 purchasing an additional 5,324 shares in the last quarter. Alaska Wealth Advisors lifted its stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 0.5% during the second quarter. Alaska Wealth Advisors now owns 647,287 shares of the company’s stock worth $20,085,000 after purchasing an additional 3,075 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 2.1% during the 2nd quarter. Verdence Capital Advisors LLC now owns 284,771 shares of the company’s stock valued at $8,836,000 after buying an additional 5,779 shares during the period.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Trading Up 0.3 %

Shares of QAI stock opened at $31.48 on Friday. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a twelve month low of $29.48 and a twelve month high of $31.63. The company has a market capitalization of $569.79 million, a PE ratio of 14.66 and a beta of 0.31. The firm has a fifty day simple moving average of $31.25 and a 200-day simple moving average of $30.94.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

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