Traders Sell Shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (QAI) on Strength (QAI)

Traders sold shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) on strength during trading hours on Tuesday. $1.55 million flowed into the stock on the tick-up and $175.64 million flowed out of the stock on the tick-down, for a money net flow of $174.09 million out of the stock. Of all stocks tracked, IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF had the 8th highest net out-flow for the day. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF traded up $0.08 for the day and closed at $29.79

A number of hedge funds and other institutional investors have recently modified their holdings of QAI. Aspiriant LLC grew its holdings in 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 buying an additional 2,920,187 shares in the last quarter. MD Financial Management Inc. grew its holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 39.3% in the 3rd quarter. MD Financial Management Inc. now owns 2,843,707 shares of the company’s stock valued at $87,359,000 after buying an additional 801,561 shares in the last quarter. Grimes & Company Inc. grew its holdings in 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 buying an additional 611,958 shares in the last quarter. Sage Financial Group Inc. grew its holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 241.0% in the 4th quarter. Sage Financial Group Inc. now owns 339,542 shares of the company’s stock valued at $9,806,000 after buying an additional 239,977 shares in the last quarter. Finally, RDL Financial Inc. grew its holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 2,248.2% in the 4th quarter. RDL Financial Inc. now owns 169,187 shares of the company’s stock valued at $4,886,000 after buying an additional 161,982 shares in the last quarter.

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