IQ Hedge Market Neutral Tracker ETF (NYSEARCA:QMN) Trading Up 0.3%

IQ Hedge Market Neutral Tracker ETF (NYSEARCA:QMN) was up 0.3% during trading on Friday . The stock traded as high as $26.60 and last traded at $26.60, approximately 1,901 shares changed hands during mid-day trading. A decline of 35% from the average daily volume of 2,908 shares. The stock had previously closed at $26.53.

The company has a 50 day moving average price of $26.39 and a 200 day moving average price of $26.23.

An institutional investor recently raised its position in IQ Hedge Market Neutral Tracker ETF stock. HighTower Advisors LLC raised its position in IQ Hedge Market Neutral Tracker ETF (NYSEARCA:QMN) by 4.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,103 shares of the company’s stock after purchasing an additional 2,437 shares during the quarter. HighTower Advisors LLC owned 10.82% of IQ Hedge Market Neutral Tracker ETF worth $1,431,000 at the end of the most recent reporting period.

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