Citadel Advisors LLC Invests $1.53 Million in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Citadel Advisors LLC bought a new stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 63,885 shares of the company’s stock, valued at approximately $1,534,000. Citadel Advisors LLC owned about 0.24% of NYLI MacKay Shields Municipal Intermediate ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jane Street Group LLC raised its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 759.4% in the fourth quarter. Jane Street Group LLC now owns 191,028 shares of the company’s stock worth $4,587,000 after purchasing an additional 168,800 shares during the last quarter. Comerica Bank boosted its stake in NYLI MacKay Shields Municipal Intermediate ETF by 1.6% during the fourth quarter. Comerica Bank now owns 29,534 shares of the company’s stock worth $709,000 after buying an additional 459 shares during the last quarter. Coppell Advisory Solutions LLC acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at about $62,000. Stifel Financial Corp raised its position in NYLI MacKay Shields Municipal Intermediate ETF by 2.1% in the fourth quarter. Stifel Financial Corp now owns 408,478 shares of the company’s stock valued at $9,808,000 after purchasing an additional 8,547 shares during the period. Finally, MML Investors Services LLC boosted its stake in NYLI MacKay Shields Municipal Intermediate ETF by 16.5% during the fourth quarter. MML Investors Services LLC now owns 125,893 shares of the company’s stock worth $3,023,000 after buying an additional 17,829 shares during the period.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

NYSEARCA:MMIT opened at $23.77 on Monday. The stock’s fifty day moving average is $23.76 and its two-hundred day moving average is $24.03. NYLI MacKay Shields Municipal Intermediate ETF has a 52 week low of $22.99 and a 52 week high of $24.65.

NYLI MacKay Shields Municipal Intermediate ETF Company Profile

The IQ MacKay Municipal Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years.