Mid Atlantic Financial Management Inc. ADV Has $266,000 Holdings in IQ Merger Arbitrage ETF (NYSEARCA:MNA)

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Mid Atlantic Financial Management Inc. ADV increased its stake in shares of IQ Merger Arbitrage ETF (NYSEARCA:MNA) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,437 shares of the company’s stock after purchasing an additional 717 shares during the period. Mid Atlantic Financial Management Inc. ADV’s holdings in IQ Merger Arbitrage ETF were worth $266,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in MNA. Envestnet Asset Management Inc. grew its stake in shares of IQ Merger Arbitrage ETF by 540.5% during the first quarter. Envestnet Asset Management Inc. now owns 975,440 shares of the company’s stock worth $31,146,000 after purchasing an additional 823,141 shares during the period. Elo Mutual Pension Insurance Co acquired a new stake in shares of IQ Merger Arbitrage ETF during the first quarter worth $19,924,000. CLS Investments LLC grew its stake in shares of IQ Merger Arbitrage ETF by 26.6% during the first quarter. CLS Investments LLC now owns 1,524,211 shares of the company’s stock worth $48,668,000 after purchasing an additional 320,059 shares during the period. Biltmore Capital Advisors LLC acquired a new stake in shares of IQ Merger Arbitrage ETF during the first quarter worth $6,910,000. Finally, Greenleaf Trust grew its stake in shares of IQ Merger Arbitrage ETF by 12.2% during the first quarter. Greenleaf Trust now owns 1,359,602 shares of the company’s stock worth $43,412,000 after purchasing an additional 147,693 shares during the period.

NYSEARCA:MNA opened at $31.74 on Wednesday. IQ Merger Arbitrage ETF has a 1 year low of $31.10 and a 1 year high of $32.38. The stock has a 50-day moving average price of $31.69 and a two-hundred day moving average price of $31.79.

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

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