Allworth Financial LP holds $40,000 in IQ Merger Arbitrage ETF (NYSEARCA:MNA)
Allworth Financial LP reduced its stake in IQ Merger Arbitrage ETF (NYSEARCA:MNA – Get a rating) by 99.7% in the 1st quarter, HoldingsChannel reports. The fund held 1,250 shares of the company after selling 443,206 shares during the quarter. Allworth Financial LP’s holdings in IQ Merger Arbitrage ETF were worth $40,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. IndexIQ Advisors LLC acquired a new stake in the shares of IQ Merger Arbitrage ETF during Q4 for a value of approximately $26,000. National Bank of Canada FI acquired a new stake in the shares of IQ Merger Arbitrage ETF during the 4th quarter at a value of approximately $31,000. Western Pacific Wealth Management LP acquired a new equity stake in IQ Merger Arbitrage ETF during Q4 valued at approximately $64,000. Pinnacle Bancorp Inc. increased its position in IQ Merger Arbitrage ETF shares by 135.3% during the first quarter. Pinnacle Bancorp Inc. now owns 5,947 shares of the company worth $190,000 after purchasing an additional 3,420 shares during the period. Finally, Stratos Wealth Partners LTD. acquired a new equity stake in IQ Merger Arbitrage ETF during Q4 worth approximately $255,000.
Shares of NYSEARCA:MNA opened at $30.90 on Wednesday. IQ Merger Arbitrage ETF has a 1-year low of $30.10 and a 1-year high of $33.44. The company has a 50-day moving average of $31.14 and a 200-day moving average of $31.64.
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