Stifel Financial Corp Raises Stake in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (QAI)

Stifel Financial Corp lifted its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,223 shares of the company’s stock after buying an additional 560 shares during the period. Stifel Financial Corp’s holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF were worth $265,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Raymond James & Associates boosted its holdings in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 1.7% in the 4th quarter. Raymond James & Associates now owns 7,935,674 shares of the company’s stock valued at $229,182,000 after acquiring an additional 130,179 shares during the last quarter. Aspiriant LLC lifted its stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 12,718.0% in the 4th quarter. Aspiriant LLC now owns 2,943,148 shares of the company’s stock valued at $84,997,000 after purchasing an additional 2,920,187 shares during the period. Baystate Wealth Management LLC lifted its stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 0.3% in the 4th quarter. Baystate Wealth Management LLC now owns 1,283,025 shares of the company’s stock valued at $37,811,000 after purchasing an additional 4,072 shares during the period. Grimes & Company Inc. lifted its stake in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 180.7% in the 4th quarter. Grimes & Company Inc. now owns 950,558 shares of the company’s stock valued at $27,452,000 after purchasing an additional 611,958 shares during the period. Finally, Pitcairn Co. acquired a new position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF in the 4th quarter valued at $17,285,000.

Shares of QAI traded up $0.06 during trading hours on Friday, hitting $30.08. The stock had a trading volume of 105,559 shares, compared to its average volume of 275,884. 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.

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

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