IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF Stock Price

IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF is an exchange traded fund of funds launched by New York Life Investment Management LLC. It is managed by IndexIQ Advisors LLC. It invests through derivatives and through other funds in public equity and fixed income markets of global region. The fund employs long/short strategy create its portfolio. For its equity portion, it invests through other funds in stocks of companies operating across diversified sectors. The fund invests in event-driven stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests through other funds in U.S. government short-term maturity obligations, U.S. mortgage-backed debt, U.S. investment grade corporate debt , U.S. bank loans, U.S. high yield debt and U.S. convertible debt. The fund seeks to track the performance of the IQ Hedge Event-Driven Index, by using full replication technique. IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF was formed on March 24, 2015 and is domiciled in the United States.