MML Investors Services LLC Grows Holdings in IndexIQ IQ ARB Merger Arbitrage ETF (MNA)

MML Investors Services LLC lifted its stake in IndexIQ IQ ARB Merger Arbitrage ETF (NYSEARCA:MNA) by 13.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,254 shares of the company’s stock after buying an additional 2,821 shares during the period. MML Investors Services LLC owned approximately 0.18% of IndexIQ IQ ARB Merger Arbitrage ETF worth $722,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Resources Investment Advisors Inc. increased its holdings in IndexIQ IQ ARB Merger Arbitrage ETF by 8.1% during the 4th quarter. Resources Investment Advisors Inc. now owns 660,745 shares of the company’s stock valued at $20,516,000 after purchasing an additional 49,334 shares during the period. Carroll Financial Associates Inc. grew its holdings in shares of IndexIQ IQ ARB Merger Arbitrage ETF by 8.5% during the 4th quarter. Carroll Financial Associates Inc. now owns 346,127 shares of the company’s stock worth $10,747,000 after acquiring an additional 27,070 shares during the period. Bank of Stockton boosted its position in shares of IndexIQ IQ ARB Merger Arbitrage ETF by 12.5% in the 4th quarter. Bank of Stockton now owns 317,536 shares of the company’s stock worth $9,858,000 after purchasing an additional 35,313 shares in the last quarter. Stonehearth Capital Management LLC boosted its position in shares of IndexIQ IQ ARB Merger Arbitrage ETF by 2.2% in the 4th quarter. Stonehearth Capital Management LLC now owns 295,945 shares of the company’s stock worth $9,189,000 after purchasing an additional 6,507 shares in the last quarter. Finally, WealthTrust Fairport LLC boosted its position in shares of IndexIQ IQ ARB Merger Arbitrage ETF by 5.9% in the 4th quarter. WealthTrust Fairport LLC now owns 210,967 shares of the company’s stock worth $6,551,000 after purchasing an additional 11,676 shares in the last quarter.

Shares of MNA traded down $0.19 during mid-day trading on Friday, reaching $30.32. The company had a trading volume of 60,828 shares, compared to its average volume of 157,181. IndexIQ IQ ARB Merger Arbitrage ETF has a 52 week low of $29.98 and a 52 week high of $31.92.

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

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