16,481 Shares in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (QAI) Purchased by Highland Private Wealth Management

Highland Private Wealth Management acquired a new position in shares of IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 16,481 shares of the company’s stock, valued at approximately $501,000.

A number of other institutional investors also recently bought and sold shares of the stock. MD Financial Management Inc. increased its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 4.0% during the 2nd quarter. MD Financial Management Inc. now owns 2,042,146 shares of the company’s stock worth $62,061,000 after purchasing an additional 79,116 shares in the last quarter. Paracle Advisors LLC increased its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 7.1% during the 2nd quarter. Paracle Advisors LLC now owns 765,102 shares of the company’s stock worth $23,251,000 after purchasing an additional 50,678 shares in the last quarter. Wells Fargo & Company MN increased its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 0.6% during the 1st quarter. Wells Fargo & Company MN now owns 577,726 shares of the company’s stock worth $17,609,000 after purchasing an additional 3,485 shares in the last quarter. Spinnaker Trust increased its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 7.5% during the 2nd quarter. Spinnaker Trust now owns 340,506 shares of the company’s stock worth $10,347,000 after purchasing an additional 23,862 shares in the last quarter. Finally, Bank of The West increased its position in IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF by 1.3% during the 2nd quarter. Bank of The West now owns 271,254 shares of the company’s stock worth $8,244,000 after purchasing an additional 3,408 shares in the last quarter.

IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF opened at $30.59 on Monday, Marketbeat reports. IndexIQ ETF Trust – IQ Hedge Multi-Strategy Tracker ETF has a 52 week low of $29.42 and a 52 week high of $33.13.

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

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