Cedar Brook Financial Partners LLC Sells 4,082 Shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

Cedar Brook Financial Partners LLC trimmed its position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) by 35.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,525 shares of the company’s stock after selling 4,082 shares during the quarter. Cedar Brook Financial Partners LLC’s holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in QAI. LFA Lugano Financial Advisors SA bought a new position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the fourth quarter valued at $3,881,000. Beacon Harbor Wealth Advisors Inc. grew its holdings in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 1,096.0% during the fourth quarter. Beacon Harbor Wealth Advisors Inc. now owns 115,998 shares of the company’s stock valued at $3,573,000 after purchasing an additional 106,299 shares during the period. Dubuque Bank & Trust Co. bought a new position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the fourth quarter valued at $2,430,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF during the fourth quarter valued at $1,887,000. Finally, Verdence Capital Advisors LLC bought a new position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF in the fourth quarter worth $1,740,000.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF stock opened at $30.97 on Friday. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a one year low of $29.71 and a one year high of $32.01. The business has a fifty day moving average price of $30.93 and a 200-day moving average price of $30.69.

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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)

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