NYSEARCA:MNA

IQ Merger Arbitrage ETF (MNA) Price, Holdings, & News

$30.77
-0.03 (-0.10%)
(As of 02:44 PM ET)
Today's Range
$30.70
$30.82
50-Day Range
$30.73
$31.62
52-Week Range
$30.69
$32.02
Volume
16,882 shs
Average Volume
59,123 shs
Market Capitalization
$283.08 million
Assets Under Management
$279.41 million
Dividend Yield
1.21%
Net Expense Ratio
0.77%
MNA stock logo

About IQ Merger Arbitrage ETF (NYSEARCA:MNA)

The IQ Merger Arbitrage ETF (MNA) is an exchange-traded fund that is based on the IQ Merger Arbitrage index. The fund tracks an index that uses a merger arbitrage strategy with long exposure to takeover targets and short exposure to broad global equity indexes. MNA was launched on Nov 17, 2009 and is managed by IndexIQ.

MNA Stock Price History

MNA ETF News Headlines

IQ Merger Arbitrage ETF (MNA)
MNA IQ Merger Arbitrage ETF
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Fund Details

Issuer
IndexIQ
Fund Name
IQ Merger Arbitrage ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:MNA
Inception Date
11/16/2009
Fund Manager
Greg Barrato, James Harrison
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
IQ Merger Arbitrage Index
Category
Strategy
Focus
Long/Short
Development Level
Blended Development
Region
Global
Number of Holdings
102

Fund Statistics

Assets Under Management
$279.69 million
Average Daily Volume
$76,719.40
Discount/Premium
-0.02%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
IndexIQ Advisors LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
ALPS Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
174,500 shs

Miscellaneous

Beta
0.13
Creation Unit
50,000
Creation Fee
$500.00
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IQ Merger Arbitrage ETF Expenses

TypeMNALong/Short ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.83%0.54%0.50%0.51%
Other Expenses0.02%1.90%0.54%0.64%0.58%
Total Expense0.77%2.08%0.70%0.74%0.70%
Fee Waiver0.00%-2.39%-0.54%-0.68%-0.57%
Net Expense0.77%1.03%0.60%0.58%0.58%

IQ Merger Arbitrage ETF (MNA) Holdings & Exposure

MNA Sector Exposure

MNA Industry Exposure


MNA ETF - Frequently Asked Questions

How have MNA shares performed in 2024?

IQ Merger Arbitrage ETF's stock was trading at $31.41 at the beginning of 2024. Since then, MNA stock has decreased by 1.9% and is now trading at $30.82.
View the best growth stocks for 2024 here
.

What does MNA invest in?

IQ Merger Arbitrage ETF is a equity fund issued by IndexIQ. MNA focuses on long/short investments and follows the IQ Merger Arbitrage Index. The fund's investments total to approximately $279.41 million assets under management.

What is the management fee for IQ Merger Arbitrage ETF?

IQ Merger Arbitrage ETF's management fee is 0.75% and has other expenses of 0.02%. The net expense ratio for MNA is 0.77%.

What other stocks do shareholders of IQ Merger Arbitrage ETF own?
Who are IQ Merger Arbitrage ETF's major shareholders?

IQ Merger Arbitrage ETF's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Aspiriant LLC (1.47%), Raymond James Financial Services Advisors Inc. (0.47%), Eudaimonia Advisors LLC (0.32%), Wealthcare Advisory Partners LLC (0.31%), Eudaimonia Partners LLC (0.20%) and RHS Financial LLC (0.10%).

How do I buy shares of IQ Merger Arbitrage ETF?

Shares of MNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:MNA) was last updated on 4/25/2024 by MarketBeat.com Staff

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