MNA
IQ Merger Arbitrage ETF
$36.78
IQ Merger Arbitrage ETF (MNA) Price & Chart
MNA ETF Chart & Stats
$36.78
At close: 4:00 PM EST- Day’s Range
- $36.70 - $36.81
- 52-Week Range
- $35.57 - $37.19
- Previous Close
- $36.78
- Volume
- 19.66K
- Average Volume (3M)
- 42.28K
- AUM
- 263.06M
- NAV
- 36.76
- Expense Ratio
- 0.78%
- Holdings Count
- 58
- Beta
- 0.07
- Inception Date
- Nov 17, 2009
- Last Dividend Ex-Date
- Dec 28, 2023
- Dividend Yield
- (1.03%)
- Shares Outstanding
- 7,150,000
- Standard Deviation
- N/A
ETF Overview
IQ Merger Arbitrage ETF
The IQ Merger Arbitrage ETF (ticker: MNA) is a sophisticated investment vehicle designed for those seeking exposure to hedge fund strategies within the specialized realm of merger arbitrage. This ETF offers a unique approach to investing by focusing on long/short strategies that capitalize on the dynamic landscape of corporate mergers and acquisitions. By seeking to capture the potential returns from the successful completion of announced deals, MNA provides investors with a tactical way to diversify their portfolios beyond traditional equity and bond markets. As a niche product, the IQ Merger Arbitrage ETF stands out by employing a strategy that aims to deliver risk-adjusted returns through meticulously analyzing and selecting potential merger candidates. This involves shorting the acquiring company's stock while going long on the target company, thereby seeking to profit from the spread between their respective stock prices. This method not only aims to mitigate market volatility but also provides an alternative source of returns that is relatively uncorrelated with broader market movements. Investors intrigued by the intricacies of the merger arbitrage niche will find the MNA ETF a compelling option, as it offers an opportunity to engage in a sophisticated market strategy without the need for direct involvement in individual merger trades. With its targeted focus and strategic positioning, the IQ Merger Arbitrage ETF is a valuable addition for those looking to enhance their investment portfolio with innovative, hedge fund-style strategies.
- Asset Class
- Alternatives
- Region
- Global
- Issuer
- NYLIM
- Index Tracked
- IQ Merger Arbitrage Index
- Ticker Symbol
- MNA
MNA ETF News
MNA ETF FAQ
What was MNA’s price range in the past 12 months?
MNA’s lowest price in the past 12 months was $35.57 and its highest was $37.19.
What is the AUM of MNA?
As of Nov 13, 2026, the AUM of MNA is $263.06M.
Does MNA pay dividends?
MNA has not paid a dividend in the past 12 months. Its last dividend was $0.38 per share, with an ex-dividend date of Dec 28, 2023. See more information on MNA dividends here.
How many shares outstanding does MNA have?
MNA has 7,150,000 shares outstanding.
Which hedge fund is a major shareholder of MNA?
ESL Trust Services, LLC is among the largest hedge fund holders of MNA, with a position valued at $25.3K.
MNA ETF Smart Score
Neutral
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Learn more about TipRanks Smart Score
Top 10 Holdings
| Name | Weight % |
|---|---|
| DDominion Energy Inc | 4.27% |
| CZRCaesars Entertainment Inc | 3.63% |
| EQHEquitable Holdings, Inc. | 3.53% |
| TECHBio-Techne | 3.46% |
| GSATGlobalstar Inc | 3.43% |
| OGNOrganon & Co. | 3.42% |
| SYNASynaptics | 3.23% |
| LNTHLantheus Holdings Inc | 3.06% |
| SLABSilicon Laboratories | 2.92% |
| FCR.UNFirst Capital Realty | 2.90% |
| Total | 33.85% |
