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MNA Price & Analysis

MNA ETF Chart & Stats

Day’s Range― - ―
52-Week Range$30.36 - $31.96
Previous Close$31.11
VolumeN/A
Average Volume (3M)54.98K
AUM257.22M
NAV31.14
Expense Ratio0.77%
Holdings Count56
Beta0.14
Inception DateNov 17, 2009
0.38 (―)
Shares Outstanding14,600,000
Standard Deviation0.02
10 Day Avg. Volume55,869
30 Day Avg. Volume54,985
Alpha-0.00096

IQ Merger Arbitrage ETF (MNA) Fund Flow Chart

IQ Merger Arbitrage ETF (MNA) 1 year Net Flows: -$192M

MNA ETF FAQ

What was MNA’s price range in the past 12 months?
MNA lowest ETF price was $30.36 and its highest was $31.96 in the past 12 months.
    What is the AUM of MNA?
    As of May 17, 2024 The AUM of MNA is 257.22M.
      Is MNA overvalued?
      According to Wall Street analysts MNA’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does MNA pay dividends?
        MNA pays a Notavailable dividend of $0.38 which represents an annual dividend yield of N/A. See more information on MNA dividends here
          How many shares outstanding does MNA have?
          MNA has 14,600,000 shares outstanding.
            Which hedge fund is a major shareholder of MNA?
            Among the largest hedge funds holding MNA’s share is ESL Trust Services, LLC. It holds MNA’s shares valued at 260K.

              MNA ETF Smart Score

              For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.​

              Top 10 Holdings

              Name
              Weight %
              Discover Financial Services
              6.42%
              Equitrans Midstream
              6.38%
              Ansys Inc
              6.36%
              United States Steel Corp
              5.93%
              Catalent Inc
              5.45%
              4185
              JSR Corp.
              4.90%
              Juniper Networks
              4.70%
              Hashicorp, Inc. Class A
              4.37%
              Shockwave Medical
              4.30%
              Capri Holdings
              3.84%
              Total52.64%

              ETF Description

              IQ Merger Arbitrage ETF

              MNA tracks an index that uses a merger arbitrage strategy with long exposure to takeover targets and short exposure to broad global equity indexes.
              Sector
              Hedge Fund Strategies
              Asset Class
              Alternatives
              Region
              Global
              Issuer
              IndexIQ
              Index Tracked
              IQ Merger Arbitrage Index
              Ticker Symbol
              MNA
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