IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (QAI) Stake Boosted by Betterment LLC

Betterment LLC lifted its position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 33.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,310 shares of the company’s stock after purchasing an additional 7,521 shares during the quarter. Betterment LLC owned 0.09% of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF worth $911,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of QAI. LPL Financial LLC raised its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 3.4% during the third quarter. LPL Financial LLC now owns 69,779 shares of the company’s stock worth $2,144,000 after acquiring an additional 2,263 shares during the period. First Citizens Bank & Trust Co. raised its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 265.5% during the fourth quarter. First Citizens Bank & Trust Co. now owns 27,455 shares of the company’s stock worth $793,000 after acquiring an additional 19,944 shares during the period. Mackey Komara & Dankovich LLC acquired a new stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the fourth quarter worth $117,000. First Midwest Bank Trust Division acquired a new stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the fourth quarter worth $3,051,000. Finally, RDL Financial Inc. raised its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 2,248.2% during the fourth quarter. RDL Financial Inc. now owns 169,187 shares of the company’s stock worth $4,886,000 after acquiring an additional 161,982 shares during the period.

Shares of NYSEARCA:QAI traded down $0.03 during midday trading on Thursday, reaching $30.23. 49,809 shares of the company were exchanged, compared to its average volume of 319,482. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a fifty-two week low of $28.73 and a fifty-two week high of $30.82.

WARNING: “IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (QAI) Stake Boosted by Betterment LLC” was first published by WKRB News and is owned by of WKRB News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://www.wkrb13.com/2019/04/11/indexiq-etf-trust-iq-hedge-multi-strategy-tracker-etf-qai-stake-boosted-by-betterment-llc.html.

Featured Article: What are no-load funds?

Want to see what other hedge funds are holding QAI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI).

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

Receive News & Ratings for IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF and related companies with MarketBeat.com's FREE daily email newsletter.