Global Retirement Partners LLC Trims Stock Position in IQ Merger Arbitrage ETF (NYSEARCA:MNA)

Global Retirement Partners LLC lowered its position in shares of IQ Merger Arbitrage ETF (NYSEARCA:MNAFree Report) by 25.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,863 shares of the company’s stock after selling 2,377 shares during the period. Global Retirement Partners LLC’s holdings in IQ Merger Arbitrage ETF were worth $216,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MNA. Personal CFO Solutions LLC grew its stake in IQ Merger Arbitrage ETF by 1.4% in the 3rd quarter. Personal CFO Solutions LLC now owns 119,292 shares of the company’s stock worth $3,768,000 after buying an additional 1,702 shares in the last quarter. Baystate Wealth Management LLC purchased a new position in IQ Merger Arbitrage ETF in the 2nd quarter worth approximately $774,000. RHS Financial LLC grew its stake in IQ Merger Arbitrage ETF by 16.1% in the 4th quarter. RHS Financial LLC now owns 9,631 shares of the company’s stock worth $303,000 after buying an additional 1,332 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its stake in IQ Merger Arbitrage ETF by 53.2% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 473,974 shares of the company’s stock worth $14,973,000 after buying an additional 164,689 shares in the last quarter. Finally, Acas LLC grew its stake in IQ Merger Arbitrage ETF by 1.8% in the 3rd quarter. Acas LLC now owns 50,702 shares of the company’s stock worth $1,602,000 after buying an additional 916 shares in the last quarter.

IQ Merger Arbitrage ETF Price Performance

MNA stock opened at $31.54 on Thursday. IQ Merger Arbitrage ETF has a one year low of $30.77 and a one year high of $32.02. The stock has a market cap of $479.41 million, a PE ratio of 20.02 and a beta of 0.13. The firm has a 50 day simple moving average of $31.35 and a two-hundred day simple moving average of $31.38.

About IQ Merger Arbitrage ETF

(Free Report)

The IQ Merger Arbitrage ETF (MNA) is an exchange-traded fund that is based on the IQ Merger Arbitrage index. The fund tracks an index that uses a merger arbitrage strategy with long exposure to takeover targets and short exposure to broad global equity indexes. MNA was launched on Nov 17, 2009 and is managed by IndexIQ.

Featured Articles

Want to see what other hedge funds are holding MNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IQ Merger Arbitrage ETF (NYSEARCA:MNAFree Report).

Institutional Ownership by Quarter for IQ Merger Arbitrage ETF (NYSEARCA:MNA)

Receive News & Ratings for IQ Merger Arbitrage ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQ Merger Arbitrage ETF and related companies with MarketBeat.com's FREE daily email newsletter.