IQ Hedge Multi-Strategy Tracker ETF Price & Performance (QAI)

Steward Partners Investment Advisory LLC increased its stake in the NYLI Hedge Multi-Strategy Tracker ETF (QAI) by over 200% in the fourth quarter. This growth reflects rising institutional interest in QAI, which has seen recent trading activity around its key support and resistance levels, suggesting potential market moves ahead.1

Recent technical data indicates key trading levels for QAI, with support at $31.63 and resistance at $32.25. Traders are advised to consider buying near support and shorting near resistance, with stop-loss measures in place. These signals highlight actionable strategies for both short-term and long-term investors.2

The NYLI Hedge Multi-Strategy Tracker ETF (QAI) tracks a hedge fund-like index using a mix of ETFs. With a low beta of 0.32, the fund offers stability. Its 52-week range of $30.25 to $32.80 demonstrates consistent performance, appealing to both institutional and individual investors.1