NEXT Financial Group Inc Increases Stake in IQ Merger Arbitrage ETF (NYSEARCA:MNA)


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NEXT Financial Group Inc lifted its stake in shares of IQ Merger Arbitrage ETF (NYSEARCA:MNA) by 3.7% during the 1st quarter, HoldingsChannel reports. The fund owned 28,589 shares of the company’s stock after acquiring an additional 1,021 shares during the period. NEXT Financial Group Inc’s holdings in IQ Merger Arbitrage ETF were worth $942,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. FMR LLC acquired a new stake in IQ Merger Arbitrage ETF during the 1st quarter worth approximately $61,000. US Bancorp DE increased its position in IQ Merger Arbitrage ETF by 55.4% during the 4th quarter. US Bancorp DE now owns 2,129 shares of the company’s stock worth $71,000 after purchasing an additional 759 shares in the last quarter. Firestone Capital Management acquired a new stake in IQ Merger Arbitrage ETF during the 4th quarter worth approximately $73,000. AE Wealth Management LLC acquired a new stake in IQ Merger Arbitrage ETF during the 4th quarter worth approximately $222,000. Finally, Mid Atlantic Financial Management Inc. ADV increased its position in IQ Merger Arbitrage ETF by 9.1% during the 4th quarter. Mid Atlantic Financial Management Inc. ADV now owns 8,606 shares of the company’s stock worth $287,000 after purchasing an additional 715 shares in the last quarter.

MNA opened at $33.64 on Wednesday. IQ Merger Arbitrage ETF has a 1 year low of $30.67 and a 1 year high of $36.18. The firm has a 50 day moving average price of $32.93 and a 200 day moving average price of $33.49.

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Want to see what other hedge funds are holding MNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IQ Merger Arbitrage ETF (NYSEARCA:MNA).

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

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