Strategic Wealth Advisors Group LLC Takes $903,000 Position in IQ Merger Arbitrage ETF (MNA)

Strategic Wealth Advisors Group LLC acquired a new position in shares of IQ Merger Arbitrage ETF (NYSEARCA:MNA) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,435 shares of the company’s stock, valued at approximately $903,000.

A number of other large investors also recently bought and sold shares of MNA. LFA Lugano Financial Advisors SA acquired a new position in IQ Merger Arbitrage ETF during the second quarter worth $5,300,000. Greenleaf Trust raised its position in IQ Merger Arbitrage ETF by 422.6% during the third quarter. Greenleaf Trust now owns 1,002,199 shares of the company’s stock worth $31,840,000 after acquiring an additional 810,438 shares during the period. Commonwealth Equity Services LLC raised its position in IQ Merger Arbitrage ETF by 1,224.8% during the second quarter. Commonwealth Equity Services LLC now owns 754,549 shares of the company’s stock worth $23,172,000 after acquiring an additional 697,594 shares during the period. Cornerstone Wealth Management LLC purchased a new stake in shares of IQ Merger Arbitrage ETF during the second quarter worth $7,842,000. Finally, Mosaic Financial Partners Inc. grew its holdings in shares of IQ Merger Arbitrage ETF by 62.0% during the second quarter. Mosaic Financial Partners Inc. now owns 284,502 shares of the company’s stock worth $8,737,000 after buying an additional 108,875 shares in the last quarter.

IQ Merger Arbitrage ETF stock opened at $31.86 on Wednesday. IQ Merger Arbitrage ETF has a 52-week low of $30.25 and a 52-week high of $32.11.

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Further Reading: What is Considered a Good Return on Equity (ROE)?

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

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