MNA - IQ Merger Arbitrage ETF
| Previous Close | 32.81 |
| Open | 32.93 |
| Bid | 32.92 x 1400 |
| Ask | 32.94 x 900 |
| Day's Range | 32.88 - 32.94 |
| 52 Week Range | 31.10 - 33.02 |
| Volume | 78,622 |
| Avg. Volume | 103,253 |
| Net Assets | 896.31M |
| NAV | 32.82 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Daily Total Return | 3.60% |
| Beta (3Y Monthly) | -0.09 |
| Expense Ratio (net) | 0.77% |
| Inception Date | 2009-11-17 |
- Zacks
Merger Arbitrage ETF (MNA) Hits New 52-Week High
This merger and acquisition ETF hits a new 52-week high. Are more gains in store for this ETF?
- ETF Trends
Manage Market Risk Exposure with Liquid Alternative ETFs
Institutional investors, financial advisors and retail investors can all gain exposure to alternative assets through ETFs to ensure a portfolio is optimally diversified to withstand a variety of market ...
- ETF Trends
Liquid Alternative ETFs: The Institutional Perspective
Advisors and institutions alike are always looking for more ideas on how to improve outcomes for their clients’ portfolios. Could liquid alternative ETFs be the solution? Some institutional investors have ...
- Kiplinger
How to Cash In When Firms Merge
These funds let Main Street investors profit from Wall Street's deals.
- Business Wire
IndexIQ Joins With Nasdaq Dorsey Wright to Launch First Liquid Alternative ETF Model
IndexIQ today announced that it is collaborating with Nasdaq Dorsey Wright to launch the IQ Alternative Allocation Model, the first liquid alternative model on its platform.
- ETF Trends
Alternative ETFs to Manage Market Risks, Diversify an Investment Portfolio
Investors who are worried that new surprises can continue to rock the markets may want to consider alternative exchange traded fund strategies that may zig while traditional assets zag. Dan Petersen, Director of Product Management at IndexIQ, warned that investors should brace for more unknowns and these surprises may come more frequently. Consequently, investors should incorporate alternatives to "provide returns that are mostly uncorrelated to traditional markets and bonds," Petersen told ETF Trends.
- ETF Trends
5 ETFs to Capitalize on International Opportunities
Investors who are looking to international market exposure should also consider about how shifts in geopolitical currents can present opportunities that a targeted exchange traded fund approach can potentially capitalize on. On the recent webcast, Geopolitical Impact Creates Investment Opportunities, John Sitilides, Geopolitical Strategist at Trilogy Advisors, and Salvatore Bruno, Chief Investment Officer and Managing Director at IndexIQ, will outline how current geopolitical developments might influence the structure of short- and long-term investments and consider how foreign markets may also provide opportunities along with risks.
- ETF Trends
Mergers and Acquisitions ‘MNA’ ETF Crosses $1B in Assets
Software dominated mergers and acquisitions activity during the first quarter of 2019, according to a Jegi-Clarity Q1 2019 M&A report. This could be translating into strength for the IQ Merger Arbitrage ETF (MNA), which recently surpassed $1 billion in assets under management (AUM). Last year, mergers and acquisitions were abound in various sectors as the historic bull market saw a rise in such activity, particularly from the technology sector that fueled much of the growth.
- Benzinga
Merger Arbitrage ETF Tops $1 Billion in Assets
Merger arbitrage is an event-driven strategy in which traders, also known as arbitrageurs in this case, speculate on when a deal will close or if it will be finalized at all. The strategy involves buying and selling shares of two companies involved in a proposed merger.
- Business Wire
IndexIQ Merger Arbitrage ETF (MNA) Hits $1 Billion Mark
IndexIQ, a New York Life Investments Company and a leading provider of innovative investment solutions, proudly announces that the IQ Merger Arbitrage ETF (MNA) has surpassed $1 billion in assets under management (AUM). “When we launched MNA nearly a decade ago, we knew we were breaking new ground for ETF investors. To that point, there were no low cost, liquid, transparent means through which to add merger arbitrage exposure to a portfolio.
- ETF Database
ETF Strategies to Address Volatility in a Portfolio
Volatility can come out of no where and weigh on an investment portfolio, especially as we head toward the later end of a business cycle. Investors, though, can consider a number of exchange traded fund strategies that can help diversify a portfolio and hedge potential downside risks ahead.
- ETF Trends
ETF Strategies to Address Volatility in an Investment Portfolio
Volatility can come out of no where and weigh on an investment portfolio, especially as we head toward the later end of a business cycle. Investors, though, can consider a number of exchange traded fund strategies that can help diversify a portfolio and hedge potential downside risks ahead. "The markets really reminded us in 2018 where volatility looks and feels like, and It comes on quickly and it comes on strongly.
- ETF Trends
Using Merger Arbitrage as a Hedge Against Market Volatility
Investors are picking themselves up in 2019 after a tumultuous way to end the 2018 year. One such area investors may not be familiar with include merger arbitrage strategies. "Alternative investments, specifically merger arbitrage strategies, are designed to provide some protection in times like these while allowing investors to maintain exposure to the market," wrote Salvatore Bruno, Chief Investment Officer of IndexIQ.
- Zacks
How to Replicate Hedge Fund Strategies with ETFs
Liquid alternative ETFs provide access to hedge fund strategies that are not correlated with major asset classes.
- ETF Trends
An Alternative ETF to Hedge Against Further Market Volatility
ETF investors who are looking for a way to diversify a traditional portfolio mix and look for ways to hedge against further market volatility should consider resilient investments like a merger-arbitrage ...
- ETF Trends
How to Build Resilient Portfolios with Uncorrelated Solutions
Market volatility has spiked, causing many to adapt their traditional stock and bond portfolio to the quickly changing market conditions. Specifically, the Index IQ Merger Arbitrage ETF (MNA) provides investors with a diversified approach to a group of takeover targets.
- Kiplinger
Schwab Program Nearly Doubles Commission-Free ETFs to 503 Funds
Schwab adds 246 funds to commission-free ETF OneSource program, brings iShares into the fold
- Zacks
M&A ETF (MNA) Hits New 52-Week High
This M&A ETF hits a new 52-week high. Are more gains in store for this ETF?
- ETF Trends
A Year in Review: ETF Ideas for 2019
Looking toward 2019, exchange traded fund investors should be re-evaluating their investment portfolios and plan for the year ahead. On the recent webcast, Bull or Bear: How to Prepare 2019 Portfolios ...
- ETF Trends
Bull or Bear: How to Prepare 2019 Portfolios for Both
As the end of the year quickly approaches, investors should be taking a hard look at their investment portfolios and preparing for 2019. IndexIQ has seen alternative strategies like the IQ Merger Arbitrage ETF (MNA) gain more traction. The ETF employ a type of alternative, “directional hedge fund strategy” called merger arbitrage.
