NYSEARCA:QAI

IQ Hedge Multi-Strategy Tracker ETF (QAI) Price, Holdings, & News

$30.68
+0.15 (+0.49%)
(As of 04/26/2024 ET)
Today's Range
$30.63
$30.69
50-Day Range
$30.20
$30.90
52-Week Range
$29.06
$31.35
Volume
29,065 shs
Average Volume
115,876 shs
Market Capitalization
$570.65 million
Assets Under Management
$568.94 million
Dividend Yield
1.86%
Net Expense Ratio
0.79%
QAI stock logo

About IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)

The IQ Hedge Multi-Strategy Tracker ETF (QAI) is an exchange-traded fund that is based on the IQ Hedge Multi-Strategy index. The fund tracks an index that aims to emulate hedge fund returns across different strategies, primarily by holding other ETFs. QAI was launched on Mar 25, 2009 and is managed by IndexIQ.

QAI Stock Price History

QAI ETF News Headlines

Amplify ETF Trust - Samsung SOFR ETF (SOF)
His win rate puts Warren Buffett to shame…
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
MCRO ETF Stock Price History
His win rate puts Warren Buffett to shame…
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
See More Headlines
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Fund Details

Issuer
IndexIQ
Fund Name
IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:QAI
Inception Date
3/24/2009
Fund Manager
Greg Barrato, James Harrison
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Multi Asset
Benchmark
IQ Hedge Multi-Strategy Index
Category
Absolute Returns
Focus
Global Macro
Development Level
Blended Development
Region
Global
Number of Holdings
329

Fund Statistics

Assets Under Management
$568.94 million
Average Daily Volume
$122,408.60
Discount/Premium
0.01%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
IndexIQ Advisors LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
ALPS Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
1
Put Options
1
Call Options
4
Short Interest
5,700 shs

Miscellaneous

Beta
0.31
Creation Unit
50,000
Creation Fee
$500.00
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IQ Hedge Multi-Strategy Tracker ETF Expenses

TypeQAIGlobal Macro ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.64%0.69%0.50%0.51%
Other Expenses0.26%0.77%0.79%0.64%0.58%
Total Expense1.01%1.25%1.21%0.74%0.70%
Fee Waiver-0.22%-0.40%-0.69%-0.68%-0.57%
Net Expense0.79%1.05%0.94%0.58%0.58%

IQ Hedge Multi-Strategy Tracker ETF (QAI) Holdings & Exposure


QAI ETF - Frequently Asked Questions

How have QAI shares performed in 2024?

IQ Hedge Multi-Strategy Tracker ETF's stock was trading at $30.10 at the start of the year. Since then, QAI stock has increased by 1.9% and is now trading at $30.68.
View the best growth stocks for 2024 here
.

What does QAI invest in?

IQ Hedge Multi-Strategy Tracker ETF is a multi asset fund issued by IndexIQ. QAI focuses on global macro investments and follows the IQ Hedge Multi-Strategy Index. The fund's investments total to approximately $568.94 million assets under management.

What is the management fee for IQ Hedge Multi-Strategy Tracker ETF?

IQ Hedge Multi-Strategy Tracker ETF's management fee is 0.75% and has other expenses of 0.26%. However, QAI has a fee waiver of -0.22% to reimburse the expenses. The net expense ratio for QAI is 0.79%.

What other stocks do shareholders of IQ Hedge Multi-Strategy Tracker ETF own?
Who are IQ Hedge Multi-Strategy Tracker ETF's major shareholders?

IQ Hedge Multi-Strategy Tracker ETF's stock is owned by many different retail and institutional investors. Top institutional investors include HTLF Bank (3.66%), Verdence Capital Advisors LLC (1.48%), Aspiriant LLC (1.34%), Q3 Asset Management (0.91%), Raymond James & Associates (0.79%) and Raymond James Financial Services Advisors Inc. (0.35%).

How do I buy shares of IQ Hedge Multi-Strategy Tracker ETF?

Shares of QAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:QAI) was last updated on 4/28/2024 by MarketBeat.com Staff

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