Barber Financial Group Inc. reduced its stake in IQ Merger Arbitrage ETF (NYSEARCA:MNA) by 4.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 14,192 shares of the company’s stock after selling 668 shares during the period. Barber Financial Group Inc.’s holdings in IQ Merger Arbitrage ETF were worth $455,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. First Foundation Advisors grew its holdings in IQ Merger Arbitrage ETF by 1.7% in the 2nd quarter. First Foundation Advisors now owns 19,057 shares of the company’s stock valued at $601,000 after buying an additional 324 shares in the last quarter. Mackey Komara & Dankovich LLC grew its holdings in shares of IQ Merger Arbitrage ETF by 5.0% during the 3rd quarter. Mackey Komara & Dankovich LLC now owns 11,579 shares of the company’s stock worth $371,000 after purchasing an additional 549 shares during the period. PFG Advisors grew its holdings in shares of IQ Merger Arbitrage ETF by 2.5% during the 3rd quarter. PFG Advisors now owns 22,319 shares of the company’s stock worth $713,000 after purchasing an additional 552 shares during the period. Clarus Wealth Advisors grew its holdings in shares of IQ Merger Arbitrage ETF by 8.9% during the 3rd quarter. Clarus Wealth Advisors now owns 8,091 shares of the company’s stock worth $259,000 after purchasing an additional 658 shares during the period. Finally, AXA grew its holdings in shares of IQ Merger Arbitrage ETF by 1.0% during the 2nd quarter. AXA now owns 68,680 shares of the company’s stock worth $2,167,000 after purchasing an additional 660 shares during the period.

NYSEARCA MNA opened at $32.86 on Wednesday. IQ Merger Arbitrage ETF has a twelve month low of $31.10 and a twelve month high of $32.89. The stock has a fifty day simple moving average of $32.29 and a 200-day simple moving average of $31.88.

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

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