NYLIM MacKay Municipal Insured ETF (NYSEARCA:MMIN – Get Free Report) shares saw unusually-strong trading volume on Wednesday. Approximately 444,134 shares were traded during mid-day trading, an increase of 221% from the average daily volume of 138,258 shares. The stock last traded at $23.04 and had previously closed at $23.06.
NYLIM MacKay Municipal Insured ETF Stock Performance
The company has a 50 day moving average price of $22.90 and a two-hundred day moving average price of $23.74.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of MMIN. Lakeshore Capital Group Inc. acquired a new stake in NYLIM MacKay Municipal Insured ETF in the 3rd quarter worth about $358,000. Cooper Financial Group increased its stake in NYLIM MacKay Municipal Insured ETF by 38.6% during the 3rd quarter. Cooper Financial Group now owns 20,286 shares of the company’s stock worth $452,000 after buying an additional 5,645 shares in the last quarter. Purus Wealth Management LLC raised its holdings in shares of NYLIM MacKay Municipal Insured ETF by 6.4% during the third quarter. Purus Wealth Management LLC now owns 77,485 shares of the company’s stock valued at $1,725,000 after acquiring an additional 4,690 shares during the last quarter. ACT Advisors LLC. raised its holdings in shares of NYLIM MacKay Municipal Insured ETF by 7.0% during the third quarter. ACT Advisors LLC. now owns 594,619 shares of the company’s stock valued at $13,236,000 after acquiring an additional 39,061 shares during the last quarter. Finally, Cornerstone Advisors Asset Management LLC raised its holdings in shares of NYLIM MacKay Municipal Insured ETF by 5.2% during the first quarter. Cornerstone Advisors Asset Management LLC now owns 700,318 shares of the company’s stock valued at $16,605,000 after acquiring an additional 34,447 shares during the last quarter.
About NYLIM MacKay Municipal Insured ETF
The IQ MacKay Municipal Insured ETF (MMIN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed US municipal bond fund for insured, investment-grade securities of varying maturities. MMIN was launched on Oct 18, 2017 and is managed by IndexIQ.
Recommended Stories
- Five stocks we like better than NYLIM MacKay Municipal Insured ETF
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
- Amkor’s Mobile Business Is Slowing, But Its AI Ambitions Aren’t
Receive News & Ratings for NYLIM MacKay Municipal Insured ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NYLIM MacKay Municipal Insured ETF and related companies with MarketBeat.com's FREE daily email newsletter.
