NYSEARCA:MCRO - IQ Hedge Macro Tracker ETF Stock Price, News, & Analysis

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$25.95 -0.20 (-0.76 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$25.95
Today's Range$25.95 - $25.95
52-Week Range$24.83 - $26.75
Volume193 shs
Average Volume639 shs
Market Capitalization$5.19 million
P/E RatioN/A
Dividend Yield1.07%
BetaN/A
IQ Hedge Macro Tracker ETF (the Fund) is an exchange-traded fund that seeks to track, before fees and expenses, the performance of the IQ Hedge Macro Index (the Index). The Index seeks to replicate the risk-adjusted return characteristics of hedge funds that employ various hedge fund investment styles, which may include but are not limited to long/short equity, macro, market neutral, event-driven, fixed-income arbitrage, emerging markets and other strategies commonly used by hedge fund managers (the Strategy). The Fund is a fund of funds as each invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its Index, which includes underlying funds. The Fund's investment advisor is IndexIQ Advisors LLC and its sub-advisor is Mellon Capital Management Corporation.

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Basic Details

Issuer IndexIQ
Fund NameIQ Hedge Macro Tracker ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:MCRO
Inception Date6/9/2009
Fund ManagerGreg Barrato, James Harrison
Phone+1-888-9340777

Fund Focus

Asset ClassMulti Asset
BenchmarkIQ Hedge Macro TR USD
CategoryAbsolute Returns
FocusGlobal Macro
Development LevelBlended Development
RegionGlobal

Fund Statistics

Assets Under Management$6.49 million
Average Daily Volume$538.00
Discount/Premium-0.76%

ETF Expenses

Management Fee0.75%
Other Expenses0.25%
Total Expenses1.00%
Fee Waiver0.00%
Net Expenses1.00%

Administrator, Advisor and Custodian

AdministratorThe Bank of New York Mellon Corporation
AdvisorIndexIQ Advisors LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerVirtu Financial

IQ Hedge Macro Tracker ETF (NYSEARCA:MCRO) Frequently Asked Questions

What is IQ Hedge Macro Tracker ETF's stock symbol?

IQ Hedge Macro Tracker ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "MCRO."

How often does IQ Hedge Macro Tracker ETF pay dividends? What is the dividend yield for IQ Hedge Macro Tracker ETF?

IQ Hedge Macro Tracker ETF declared an annual dividend on Thursday, December 27th. Stockholders of record on Friday, December 28th will be paid a dividend of $0.2797 per share on Thursday, January 3rd. This represents a dividend yield of 1.12%. The ex-dividend date of this dividend is Thursday, December 27th. This is a boost from IQ Hedge Macro Tracker ETF's previous annual dividend of $0.27. View IQ Hedge Macro Tracker ETF's Dividend History.

Has IQ Hedge Macro Tracker ETF been receiving favorable news coverage?

News articles about MCRO stock have trended somewhat positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. IQ Hedge Macro Tracker ETF earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media headlines about the exchange traded fund a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near future.

How do I buy shares of IQ Hedge Macro Tracker ETF?

Shares of MCRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is IQ Hedge Macro Tracker ETF's stock price today?

One share of MCRO stock can currently be purchased for approximately $25.95.

How big of a company is IQ Hedge Macro Tracker ETF?

IQ Hedge Macro Tracker ETF has a market capitalization of $5.19 million.

What is IQ Hedge Macro Tracker ETF's official website?

The official website for IQ Hedge Macro Tracker ETF is http://www.indexiq.com/.

How can I contact IQ Hedge Macro Tracker ETF?

IQ Hedge Macro Tracker ETF's mailing address is Suite N-611, 800 Westchester Avenue, RYE BROOK, NY 10573, United States. The exchange traded fund can be reached via phone at +1-888-9340777.


MarketBeat Community Rating for IQ Hedge Macro Tracker ETF (NYSEARCA MCRO)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  27 (Vote Outperform)
Underperform Votes:  26 (Vote Underperform)
Total Votes:  53
MarketBeat's community ratings are surveys of what our community members think about IQ Hedge Macro Tracker ETF and other stocks. Vote "Outperform" if you believe MCRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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