NYLI Merger Arbitrage ETF (NYSEARCA:MNA) Stock Holdings Boosted by Duncan Williams Asset Management LLC

Duncan Williams Asset Management LLC grew its holdings in shares of NYLI Merger Arbitrage ETF (NYSEARCA:MNA) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,990 shares of the company’s stock after buying an additional 390 shares during the period. Duncan Williams Asset Management LLC owned 0.20% of NYLI Merger Arbitrage ETF worth $560,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Centaurus Financial Inc. bought a new stake in shares of NYLI Merger Arbitrage ETF in the 2nd quarter worth $112,000. HBW Advisory Services LLC bought a new stake in NYLI Merger Arbitrage ETF in the third quarter worth about $113,000. Flow Traders U.S. LLC acquired a new stake in NYLI Merger Arbitrage ETF in the 3rd quarter valued at about $220,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of NYLI Merger Arbitrage ETF by 20.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,176 shares of the company’s stock valued at $171,000 after purchasing an additional 881 shares in the last quarter.

NYLI Merger Arbitrage ETF Stock Performance

NYLI Merger Arbitrage ETF stock opened at $33.55 on Friday. NYLI Merger Arbitrage ETF has a 1 year low of $30.36 and a 1 year high of $33.57. The firm’s 50 day moving average price is $33.02 and its two-hundred day moving average price is $32.75. The firm has a market cap of $288.53 million, a price-to-earnings ratio of 17.60 and a beta of 0.15.

NYLI Merger Arbitrage ETF Company Profile

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.