IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Shares Sold by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC reduced its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 44.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,743 shares of the company’s stock after selling 11,035 shares during the period. Hexagon Capital Partners LLC owned about 0.07% of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF worth $414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in QAI. NBC Securities Inc. purchased a new position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the third quarter valued at $39,000. Macroview Investment Management LLC acquired a new stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF in the 3rd quarter worth about $59,000. Aspire Wealth Management Corp purchased a new stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the 3rd quarter worth approximately $152,000. Patten Group Inc. lifted its position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 4.8% in the fourth quarter. Patten Group Inc. now owns 10,533 shares of the company’s stock valued at $317,000 after acquiring an additional 479 shares in the last quarter. Finally, Sage Financial Group Inc. increased its position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 39.1% during the fourth quarter. Sage Financial Group Inc. now owns 13,345 shares of the company’s stock worth $402,000 after purchasing an additional 3,750 shares in the last quarter.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF Stock Down 0.2 %

QAI traded down $0.06 during trading on Wednesday, reaching $30.46. The company’s stock had a trading volume of 1,442 shares, compared to its average volume of 117,936. The firm has a fifty day simple moving average of $30.62 and a two-hundred day simple moving average of $30.39. The company has a market cap of $566.56 million, a price-to-earnings ratio of 14.50 and a beta of 0.31. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a 1 year low of $29.06 and a 1 year high of $31.35.

IndexIQ ETF Trust – IQ 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.