In Q1 2021, EP Wealth Advisors and Verdence Capital Advisors increased their stakes in IndexIQ ETF Trust's IQ Hedge Multi-Strategy Tracker ETF (QAI).

EP Wealth Advisors and Verdence Capital Advisors increased their stakes in IndexIQ ETF Trust's IQ Hedge Multi-Strategy Tracker ETF (QAI) in Q1 2021. EP owned 175,416 shares after acquiring 135,254 shares, while Verdence owned 278,992 shares after acquiring 29,802 shares. QAI tracks an index aiming to emulate hedge fund returns across various strategies and has a market cap of $565.26M, a P/E ratio of 14.66, and a beta of 0.31.