IQ Merger Arbitrage ETF (NYSEARCA:MNA) Shares Sold by MainStreet Investment Advisors LLC

MainStreet Investment Advisors LLC lowered its holdings in shares of IQ Merger Arbitrage ETF (NYSEARCA:MNA) by 36.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 157,482 shares of the company’s stock after selling 89,546 shares during the period. MainStreet Investment Advisors LLC’s holdings in IQ Merger Arbitrage ETF were worth $5,249,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC acquired a new position in IQ Merger Arbitrage ETF during the first quarter worth about $61,000. US Bancorp DE raised its position in IQ Merger Arbitrage ETF by 55.4% during the fourth quarter. US Bancorp DE now owns 2,129 shares of the company’s stock worth $71,000 after acquiring an additional 759 shares during the last quarter. Advisors Preferred LLC acquired a new position in shares of IQ Merger Arbitrage ETF in the third quarter valued at approximately $116,000. GeoWealth Management LLC acquired a new position in shares of IQ Merger Arbitrage ETF in the third quarter valued at approximately $181,000. Finally, AE Wealth Management LLC acquired a new position in shares of IQ Merger Arbitrage ETF in the fourth quarter valued at approximately $222,000.

Shares of NYSEARCA:MNA traded down $0.02 during trading on Tuesday, reaching $33.10. The stock had a trading volume of 144,908 shares, compared to its average volume of 176,524. The business has a fifty day moving average price of $33.31 and a 200-day moving average price of $33.35. IQ Merger Arbitrage ETF has a fifty-two week low of $26.21 and a fifty-two week high of $36.18.

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

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