Heritage Wealth Management LLC Reduces Stock Position in IQ Merger Arbitrage ETF (NYSEARCA:MNA)

Heritage Wealth Management LLC lowered its position in IQ Merger Arbitrage ETF (NYSEARCA:MNA) by 42.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,475 shares of the company’s stock after selling 1,093 shares during the quarter. Heritage Wealth Management LLC’s holdings in IQ Merger Arbitrage ETF were worth $48,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Resources Investment Advisors LLC. increased its holdings in shares of IQ Merger Arbitrage ETF by 5.7% in the third quarter. Resources Investment Advisors LLC. now owns 2,066,319 shares of the company’s stock worth $67,941,000 after purchasing an additional 110,812 shares during the period. Cantor Fitzgerald Investment Adviser L.P. increased its holdings in shares of IQ Merger Arbitrage ETF by 1.7% in the third quarter. Cantor Fitzgerald Investment Adviser L.P. now owns 1,273,694 shares of the company’s stock worth $41,879,000 after purchasing an additional 21,897 shares during the period. Bank of America Corp DE increased its holdings in shares of IQ Merger Arbitrage ETF by 10.0% in the second quarter. Bank of America Corp DE now owns 547,718 shares of the company’s stock worth $18,359,000 after purchasing an additional 49,661 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of IQ Merger Arbitrage ETF by 9.1% in the second quarter. The Manufacturers Life Insurance Company now owns 545,045 shares of the company’s stock worth $18,270,000 after purchasing an additional 45,478 shares during the period. Finally, Osborne Partners Capital Management LLC increased its holdings in shares of IQ Merger Arbitrage ETF by 10.5% in the third quarter. Osborne Partners Capital Management LLC now owns 378,763 shares of the company’s stock worth $12,454,000 after purchasing an additional 36,014 shares during the period.

MNA opened at $31.98 on Friday. IQ Merger Arbitrage ETF has a 52 week low of $31.75 and a 52 week high of $33.93. The business’s fifty day simple moving average is $32.26 and its 200 day simple moving average is $32.82.

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Institutional Ownership by Quarter for IQ Merger Arbitrage ETF (NYSEARCA:MNA)

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