<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>r13g1119_ULTR_nylic.txt
<DESCRIPTION>ULTR 13G/A 11/30/19
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 SCHEDULE 13G/A
                                 (Rule 13d-102)


                              INFORMATION STATEMENT
                        PURSUANT TO RULES 13d-1 AND 13d-2
                    Under the Securities Exchange Act of 1934
                               (Amendment #2)

                            IQ Ultra Short Duration ETF
                                (Name of Issuer)

                                   COMMON STOCK
                         (Title of Class of Securities)

                                   45409F819
                                 (CUSIP Number)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


<PAGE>

                                  SCHEDULE 13G/A

CUSIP NO. 45409F819                                          Page 2 of 4 Pages
IQ Ultra Short Duration ETF

1.       NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                  NEW YORK LIFE INSURANCE CO.

                  EIN # 13-5582869
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a) [ ]
                                                              (b) [ ]

3.    SEC USE ONLY

4.    CITIZENSHIP OR PLACE OF ORGANIZATION

                  NEW YORK, NY

NUMBER OF                  5.       SOLE VOTING POWER          499,900
SHARES
BENEFICIALLY               6.       SHARED VOTING POWER        0
OWNED BY
EACH                       7.       SOLE DISPOSITIVE POWER     499,900
REPORTING
PERSON                     8.       SHARED DISPOSITIVE POWER   0
WITH

9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
      REPORTING PERSON                                         499,900

10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
      EXCLUDES CERTAIN SHARES* [ ]
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9        27.02%

12.   TYPE OF REPORTING PERSON*

                  Insurance Company


<PAGE>

                                  SCHEDULE 13G/A

CUSIP NO. 45409F819                                         Page 3 of 4 Pages
IQ Ultra Short Duration ETF


Item 1(a)     Name of Issuer: IQ Ultra Short Duration ETF

Item 1(b)     Address of Issuer's principal executive offices:
                                IndexIQ Advisors LLC
                                51 Madison Avenue
				4th Floor
                                New York, NY 10010

Item 2(a)     Name of person filing: New York Life Insurance Co.

Item 2(b)     Address of principal business office:

                                51 Madison Avenue
                                New York, NY 10010

Item 2(c)     Citizenship: See Item 4 of Cover Page

Item 2(d)     Title of class of securities: See Cover Page

Item 2(e)     Cusip No.:   See Cover Page

Item 3        Type of Person:	See Item 12 of Cover Page

Item 4(a)     Amount beneficially owned:   499,900

Item 4(b)     Percent of class:   27.02%

Item 4(c)     For information regarding voting and dispositive power with
		respect to the above listed shares see items 5-8 of Cover
		Page.

Item 5        Ownership of 5 percent or less of a class:
		IF THIS STATEMENT IS BEING FILED TO REPORT THE FACT THAT
		AS OF THE DATE HEREOF THE REPORTING PERSON HAS
		CEASED TO BE THE BENEFICIAL OWNER OF MORE THAN FIVE
		PERCENT OF THE CLASS SECURITIES, CHECK THE
		FOLLOWING (  ).

Item 6        Ownership of more than 5 percent on behalf of another person:
		NOT APPLICABLE


<PAGE>

                                  SCHEDULE 13G/A

CUSIP NO. 45409F819                                         Page 4 of 4 Pages
IQ Ultra Short Duration ETF


Item 7        Identification and classification of subsidiary which acquired the
		security being reported on by the parent holding company:
		NOT APPLICABLE

Item 8        Identification and classification of members of the group:     NOT
              		APPLICABLE

Item 9        Notice of dissolution of the group:     NOT APPLICABLE

Item 10       Certification:

              	By signing  below I certify  that, to the best of my knowledge
		and belief, the securities referred to above were acquired and
		are held in the ordinary course of business and were not acquired
		and are not held for the purpose of or with the effect of changing
		or influencing the control of the issuer of the securities and were
		not acquired and are not held in connection with or as a participant
		in any transaction having that purpose or effect.

                                    SIGNATURE

              After  reasonable  inquiry  and to the  best of my  knowledge  and
              belief, I certify that the information set forth in this statement
              is true, complete, and correct.


Dated: December 9, 2019

                                    /s/ Paul Vengrow
                                    -----------------------------
                                    Name:  Paul Vengrow
                                    Title: Vice President
</TEXT>
</DOCUMENT>