MNA - IQ Merger Arbitrage ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
31.80
+0.01 (+0.03%)
As of 11:55AM EDT. Market open.
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Previous Close31.79
Open31.73
Bid31.80 x 800
Ask31.81 x 1000
Day's Range31.75 - 31.81
52 Week Range31.10 - 32.38
Volume11,909
Avg. Volume147,298
Net Assets951.47M
NAV31.77
PE Ratio (TTM)N/A
Yield0.00%
YTD Return0.32%
Beta (3Y Monthly)-0.11
Expense Ratio (net)0.78%
Inception Date2009-11-17
Trade prices are not sourced from all markets
  • 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.

  • How to Replicate Hedge Fund Strategies with ETFs
    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.

  • Schwab Program Nearly Doubles Commission-Free ETFs to 503 Funds
    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

  • M&A ETF (MNA) Hits New 52-Week High
    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.

  • ETF Trends

    Alternative ETFs Zig While Stocks, Bonds Zag

    With markets experiencing wide oscillations, ETF investors can still look to alternative investment strategies to bolster and diversify their portfolios. "What we've been advising our FAs as well as clients is we're realizing they're underweight, generally have been underweight alternatives, trying to hedge out that risk because there really hasn't been a lot," John Lloyd, Managing Director and Head of Research Platform Group for IndexIQ, said at the Charles Schwab IMPACT 2018 conference. Consequently, IndexIQ has seen alternative strategies like the Index IQ Merger Arbitrage ETF (MNA) gain more traction.

  • ETF Trends

    Preparing for Down Market Conditions with Alternative Strategies

    In a prolonged bull market environment where pullbacks are a greater concern, investors have looked for ways to mitigate downside exposure in case of sudden risk-off events. On the upcoming webcast Thursday, ...

  • ETF Trends

    M&A, Currency-Hedging ETFs to Consider in a Rising Rate Landscape

    Last week's market sell-off that saw the Dow Jones Industrial Average lose over 1,300 points in two consecutive trading sessions caused investors to flee towards floating-rate bond ETFs and Treasury Inflation-Protected Securities (TIPS) as they dumped U.S. equities in the face of rising yields. Mergers and acquisitions have been abound in various sectors as the historic bull market seen as of late in U.S. equities has been helped by a rise in such activity, particularly from the technology sector that has been fueling much of the growth this year. Notable activity came from the likes of tech giants, such as Hewlett-Packard Enterprise, Cisco Systems, Accenture, Cisco Systems, AT&T, and Sprint.

  • Global M&A Momentum to Wane in 2019? ETFs in Focus
    Zacks

    Global M&A Momentum to Wane in 2019? ETFs in Focus

    The year 2019 could see slowdown in global M&A activity.