NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 370,153 shares traded hands during trading, an increase of 181% from the previous session’s volume of 131,885 shares.The stock last traded at $23.92 and had previously closed at $24.00.
NYLI MacKay Shields Municipal Intermediate ETF Trading Up 0.4 %
The business has a fifty day moving average price of $24.15 and a two-hundred day moving average price of $24.24.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Coppell Advisory Solutions LLC acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter valued at approximately $62,000. NewEdge Advisors LLC grew its stake in NYLI MacKay Shields Municipal Intermediate ETF by 6.1% in the 4th quarter. NewEdge Advisors LLC now owns 9,453 shares of the company’s stock valued at $227,000 after buying an additional 542 shares during the last quarter. GTS Securities LLC bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter worth $270,000. WCG Wealth Advisors LLC bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter worth $287,000. Finally, Bill Few Associates Inc. acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF during the 4th quarter worth $315,000.
NYLI MacKay Shields Municipal Intermediate ETF Company Profile
The IQ MacKay Municipal Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years.
Further Reading
- Five stocks we like better than NYLI MacKay Shields Municipal Intermediate ETF
- Roth IRA Calculator: Calculate Your Potential Returns
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- Russell 2000 Index, How Investors Use it For Profitable Trading
- JPMorgan: The ‘NVIDIA of Banking’ Poised for More Gains?
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Buy the Chewy Stock Reversal? Here’s Why Now Is the Time
Receive News & Ratings for NYLI MacKay Shields Municipal Intermediate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NYLI MacKay Shields Municipal Intermediate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
