Sigma Planning Corp bought a new stake in shares of IQ Merger Arbitrage ETF (NYSEARCA:MNA) in the first quarter, HoldingsChannel reports. The institutional investor bought 8,213 shares of the company’s stock, valued at approximately $262,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC increased its stake in shares of IQ Merger Arbitrage ETF by 11.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 885,760 shares of the company’s stock valued at $28,087,000 after buying an additional 89,720 shares during the period. Bank of Stockton lifted its holdings in shares of IQ Merger Arbitrage ETF by 1.0% during the fourth quarter. Bank of Stockton now owns 332,557 shares of the company’s stock worth $10,545,000 after purchasing an additional 3,265 shares during the period. Econ Financial Services Corp acquired a new stake in shares of IQ Merger Arbitrage ETF during the fourth quarter worth about $1,055,000. Pensionmark Financial Group LLC purchased a new position in IQ Merger Arbitrage ETF during the fourth quarter valued at approximately $614,000. Finally, Stratos Wealth Partners LTD. purchased a new position in IQ Merger Arbitrage ETF during the fourth quarter valued at approximately $500,000.
IQ Merger Arbitrage ETF stock opened at $31.73 on Thursday. IQ Merger Arbitrage ETF has a 12 month low of $30.44 and a 12 month high of $32.38.
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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:MNA).
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