NYSEARCA:QAI

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

$30.50
+0.10 (+0.33%)
(As of 04/22/2024 ET)
Today's Range
$30.40
$30.52
50-Day Range
$30.08
$30.90
52-Week Range
$29.06
$31.35
Volume
63,156 shs
Average Volume
120,136 shs
Market Capitalization
$573.40 million
Assets Under Management
$563.72 million
Dividend Yield
1.87%
Net Expense Ratio
0.79%
QAI stock logo

About IndexIQ ETF Trust - 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

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SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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
$563.72 million
Average Daily Volume
$124,097.00
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
4,200 shs

Miscellaneous

Beta
0.30
Creation Unit
50,000
Creation Fee
$500.00
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IndexIQ ETF Trust - 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%0.57%0.58%

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


QAI ETF - Frequently Asked Questions

How have QAI shares performed in 2024?

IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF's stock was trading at $30.10 at the beginning of 2024. Since then, QAI shares have increased by 1.3% and is now trading at $30.50.
View the best growth stocks for 2024 here
.

What does QAI invest in?

IndexIQ ETF Trust - 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 $563.72 million assets under management.

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

IndexIQ ETF Trust - 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 IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF investors own include IQ Merger Arbitrage ETF (MNA), iShares Core Growth Allocation ETF (AOR), MKS Instruments (MKSI), Advanced Micro Devices (AMD), Arbor Realty Trust (ABR), Dollar General (DG), Invesco DB Commodity Index Tracking Fund (DBC), Cronos Group (CRON), Costamare (CMRE) and Chipotle Mexican Grill (CMG).

Who are IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF's major shareholders?

IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF's stock is owned by many different institutional and retail investors. Top institutional investors include Aspiriant LLC (1.34%), Raymond James & Associates (0.79%), Wealth Enhancement Advisory Services LLC (0.29%), Strategic Advocates LLC (0.14%), Hexagon Capital Partners LLC (0.06%) and First Bank & Trust (0.05%).

How do I buy shares of IndexIQ ETF Trust - 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 4/23/2024 by MarketBeat.com Staff

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