IQ Merger Arbitrage ETF (MNA) Stake Lifted by Stringer Asset Management LLC

Stringer Asset Management LLC lifted its holdings in IQ Merger Arbitrage ETF (NYSEARCA:MNA) by 22.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 128,750 shares of the company’s stock after acquiring an additional 23,439 shares during the quarter. IQ Merger Arbitrage ETF makes up approximately 3.2% of Stringer Asset Management LLC’s portfolio, making the stock its 14th biggest position. Stringer Asset Management LLC’s holdings in IQ Merger Arbitrage ETF were worth $4,090,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Wealth Advisors Group LLC acquired a new position in shares of IQ Merger Arbitrage ETF in the 3rd quarter worth approximately $903,000. Lincoln National Corp boosted its holdings in shares of IQ Merger Arbitrage ETF by 19.2% in the 3rd quarter. Lincoln National Corp now owns 71,062 shares of the company’s stock worth $2,258,000 after acquiring an additional 11,450 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of IQ Merger Arbitrage ETF by 5.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 796,040 shares of the company’s stock worth $25,290,000 after acquiring an additional 41,491 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of IQ Merger Arbitrage ETF by 2.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 65,986 shares of the company’s stock worth $2,096,000 after acquiring an additional 1,611 shares in the last quarter. Finally, Financial Advisory Service Inc. boosted its holdings in shares of IQ Merger Arbitrage ETF by 80.0% in the 3rd quarter. Financial Advisory Service Inc. now owns 27,932 shares of the company’s stock worth $887,000 after acquiring an additional 12,418 shares in the last quarter.

MNA stock opened at $31.85 on Monday. IQ Merger Arbitrage ETF has a fifty-two week low of $30.25 and a fifty-two week high of $32.11.

WARNING: “IQ Merger Arbitrage ETF (MNA) Stake Lifted by Stringer Asset Management LLC” was first published by Transcript Daily and is the property of of Transcript Daily. If you are reading this article on another domain, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this article can be read at https://transcriptdaily.com/2018/11/26/iq-merger-arbitrage-etf-mna-stake-lifted-by-stringer-asset-management-llc.html.

Recommended Story: Beta

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)

Receive News & Ratings for IQ Merger Arbitrage ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQ Merger Arbitrage ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply