IQ Merger Arbitrage ETF (NYSEARCA:MNA) Shares Bought by CLS Investments LLC

CLS Investments LLC grew its stake in IQ Merger Arbitrage ETF (NYSEARCA:MNA) by 26.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,524,211 shares of the company’s stock after acquiring an additional 320,059 shares during the quarter. IQ Merger Arbitrage ETF accounts for 1.6% of CLS Investments LLC’s portfolio, making the stock its 10th biggest holding. CLS Investments LLC’s holdings in IQ Merger Arbitrage ETF were worth $48,668,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Elo Mutual Pension Insurance Co bought a new stake in IQ Merger Arbitrage ETF in the first quarter worth $19,924,000. Commonwealth Equity Services LLC boosted its holdings in IQ Merger Arbitrage ETF by 11.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 885,760 shares of the company’s stock worth $28,087,000 after acquiring an additional 89,720 shares in the last quarter. Econ Financial Services Corp bought a new stake in IQ Merger Arbitrage ETF in the fourth quarter worth $1,055,000. Pensionmark Financial Group LLC bought a new stake in IQ Merger Arbitrage ETF in the fourth quarter worth $614,000. Finally, Stratos Wealth Partners LTD. bought a new stake in IQ Merger Arbitrage ETF in the fourth quarter worth $500,000.

IQ Merger Arbitrage ETF stock traded down $0.02 during mid-day trading on Friday, hitting $31.67. The company had a trading volume of 123,318 shares, compared to its average volume of 219,596. IQ Merger Arbitrage ETF has a 12 month low of $30.60 and a 12 month high of $32.38.

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

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