IQ Hedge Macro Tracker ETF (NYSEARCA:MCRO) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as low as $26.32. IQ Hedge Macro Tracker ETF shares last traded at $26.28, with a volume of 2 shares trading hands.
The business’s 50-day moving average is $26.22.
A hedge fund recently bought a new stake in IQ Hedge Macro Tracker ETF stock. Mackey Komara & Dankovich LLC acquired a new stake in IQ Hedge Macro Tracker ETF (NYSEARCA:MCRO) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,569 shares of the exchange traded fund’s stock, valued at approximately $93,000. Mackey Komara & Dankovich LLC owned about 1.78% of IQ Hedge Macro Tracker ETF as of its most recent filing with the SEC.
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).
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