Orion Portfolio Solutions LLC Sells 32,354 Shares of IQ Merger Arbitrage ETF (NYSEARCA:MNA)

Orion Portfolio Solutions LLC reduced its holdings in shares of IQ Merger Arbitrage ETF (NYSEARCA:MNAGet Rating) by 40.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,173 shares of the company’s stock after selling 32,354 shares during the quarter. Orion Portfolio Solutions LLC owned approximately 0.27% of IQ Merger Arbitrage ETF worth $1,460,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. US Bancorp DE lifted its position in shares of IQ Merger Arbitrage ETF by 14.3% in the first quarter. US Bancorp DE now owns 3,253 shares of the company’s stock worth $104,000 after purchasing an additional 407 shares in the last quarter. Modus Advisors LLC lifted its position in shares of IQ Merger Arbitrage ETF by 0.4% in the second quarter. Modus Advisors LLC now owns 129,288 shares of the company’s stock worth $4,003,000 after purchasing an additional 479 shares in the last quarter. Columbus Macro LLC lifted its position in shares of IQ Merger Arbitrage ETF by 4.0% in the first quarter. Columbus Macro LLC now owns 13,531 shares of the company’s stock worth $432,000 after purchasing an additional 522 shares in the last quarter. Legacy Financial Strategies LLC lifted its position in shares of IQ Merger Arbitrage ETF by 4.3% in the first quarter. Legacy Financial Strategies LLC now owns 15,983 shares of the company’s stock worth $510,000 after purchasing an additional 666 shares in the last quarter. Finally, Clarus Wealth Advisors lifted its position in shares of IQ Merger Arbitrage ETF by 9.1% in the first quarter. Clarus Wealth Advisors now owns 9,052 shares of the company’s stock worth $290,000 after purchasing an additional 758 shares in the last quarter.

IQ Merger Arbitrage ETF Price Performance

Shares of MNA stock opened at $31.76 on Friday. The company’s fifty day simple moving average is $31.74 and its 200-day simple moving average is $31.58. IQ Merger Arbitrage ETF has a 12 month low of $30.10 and a 12 month high of $33.15.

See Also

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

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