WealthPLAN Partners LLC Reduces Stock Position in IQ Merger Arbitrage ETF (NYSEARCA:MNA)

WealthPLAN Partners LLC cut its stake in IQ Merger Arbitrage ETF (NYSEARCA:MNA) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 307,394 shares of the company’s stock after selling 10,564 shares during the period. WealthPLAN Partners LLC owned approximately 1.39% of IQ Merger Arbitrage ETF worth $10,178,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of MNA. United Services Automobile Association purchased a new position in IQ Merger Arbitrage ETF in the third quarter valued at about $8,460,000. MainStreet Investment Advisors LLC grew its position in shares of IQ Merger Arbitrage ETF by 827.5% in the third quarter. MainStreet Investment Advisors LLC now owns 247,028 shares of the company’s stock valued at $8,310,000 after purchasing an additional 220,393 shares during the last quarter. Resources Investment Advisors LLC. grew its position in shares of IQ Merger Arbitrage ETF by 7.5% in the fourth quarter. Resources Investment Advisors LLC. now owns 1,554,669 shares of the company’s stock valued at $51,817,000 after purchasing an additional 109,004 shares during the last quarter. LFA Lugano Financial Advisors SA grew its position in shares of IQ Merger Arbitrage ETF by 179.7% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 145,713 shares of the company’s stock valued at $4,857,000 after purchasing an additional 93,613 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of IQ Merger Arbitrage ETF by 13.5% in the third quarter. Wells Fargo & Company MN now owns 499,140 shares of the company’s stock valued at $16,790,000 after purchasing an additional 59,475 shares during the last quarter.

Shares of MNA stock traded down $0.02 during trading hours on Tuesday, hitting $33.10. The company’s 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 of $33.31 and a 200-day moving average of $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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Institutional Ownership by Quarter for IQ Merger Arbitrage ETF (NYSEARCA:MNA)

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