RPg Family Wealth Advisory LLC Buys Shares of 82,103 IQ Merger Arbitrage ETF (NYSEARCA:MNA)

RPg Family Wealth Advisory LLC purchased a new position in shares of IQ Merger Arbitrage ETF (NYSEARCA:MNA) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 82,103 shares of the company’s stock, valued at approximately $2,622,000. IQ Merger Arbitrage ETF accounts for approximately 1.5% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Commonwealth Equity Services LLC raised its stake in IQ Merger Arbitrage ETF by 11.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 885,760 shares of the company’s stock valued at $28,087,000 after purchasing an additional 89,720 shares in the last quarter. Econ Financial Services Corp acquired a new position in IQ Merger Arbitrage ETF in the fourth quarter worth approximately $1,055,000. Pensionmark Financial Group LLC purchased a new position in shares of IQ Merger Arbitrage ETF during the 4th quarter valued at $614,000. Stratos Wealth Partners LTD. acquired a new position in shares of IQ Merger Arbitrage ETF during the fourth quarter valued at about $500,000. Finally, B. Riley Wealth Management Inc. increased its stake in IQ Merger Arbitrage ETF by 4.1% in the fourth quarter. B. Riley Wealth Management Inc. now owns 214,977 shares of the company’s stock valued at $6,817,000 after acquiring an additional 8,408 shares during the period.

IQ Merger Arbitrage ETF stock traded up $0.02 during trading hours on Wednesday, hitting $31.70. 152 shares of the stock were exchanged, compared to its average volume of 222,930. IQ Merger Arbitrage ETF has a 12 month low of $30.60 and a 12 month high of $32.38.

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

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