Personal CFO Solutions LLC increased its position in shares of IQ Merger Arbitrage ETF (NYSEARCA:MNA) by 3.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 140,353 shares of the company’s stock after buying an additional 4,069 shares during the period. IQ Merger Arbitrage ETF comprises 1.2% of Personal CFO Solutions LLC’s portfolio, making the stock its 17th biggest holding. Personal CFO Solutions LLC’s holdings in IQ Merger Arbitrage ETF were worth $4,678,000 as of its most recent filing with the SEC.
Other institutional investors have also recently made changes to their positions in the company. FMR LLC acquired a new position in shares of IQ Merger Arbitrage ETF during the 1st quarter worth about $61,000. US Bancorp DE grew its stake in IQ Merger Arbitrage ETF by 55.4% in the fourth quarter. US Bancorp DE now owns 2,129 shares of the company’s stock valued at $71,000 after purchasing an additional 759 shares in the last quarter. Advisors Preferred LLC acquired a new position in shares of IQ Merger Arbitrage ETF during the 3rd quarter worth approximately $116,000. GeoWealth Management LLC bought a new stake in shares of IQ Merger Arbitrage ETF during the 3rd quarter worth approximately $181,000. Finally, AE Wealth Management LLC acquired a new stake in shares of IQ Merger Arbitrage ETF in the 4th quarter valued at approximately $222,000.
MNA traded down $0.02 during trading on Tuesday, reaching $33.10. 144,908 shares of the stock were exchanged, compared to its average volume of 176,524. The stock’s 50 day moving average price is $33.31 and its two-hundred day moving average price is $33.35. IQ Merger Arbitrage ETF has a twelve month low of $26.21 and a twelve month high of $36.18.
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