IQ Merger Arbitrage ETF: (MNA)
(Real Time Quote from BATS) As of May 24, 2018 03:58 PM ET
$30.71 USD
+0.08 (0.26%)
Volume: 89,780
Zacks ETF Rank NA
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
| Zacks Rank | Definition |
|---|---|
| 1 | Strong Buy |
| 2 | Buy |
| 3 | Hold |
| 4 | Sell |
| 5 | Strong Sell |
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
NULL-Market: $30.72 +0.01 (0.03 %) 7:58 PM ET
ETF Quote Details
| Previous Close | 30.64 |
| Open | 30.61 |
| Bid | 25.00 |
| Ask | 34.59 |
| Day Low-High | 30.63-30.75 |
| 52wk Low-High | 30.20-31.92 |
| Volume | 89,780 |
| NAV (month end) | 30.72 |
| Premium (+)/Discount (-) (month end) | -0.08 |
ETF Expense Ratio
| Expense Ratio | 0.77% |
| Dividend (Yield) | $0.00 (0.00%) |
| Issuer | INDEXIQ |
Benchmark for MNA
IQ MERGER ARBITRAGE INDEX
The IQ Merger Arbitrage Index seeks to achieve capital appreciation by investing in global companies for which there has been a public announcement of a takeover by an acquirer. This differentiated approach is based on a passive strategy of owning certain announced takeover targets with the goal of generating returns that are representative of global merger arbitrage activity.
Fund Summary for MNA
IQ MERGER ARBITRAGE ETF
The Fund seeks to track, before fees and expenses, the performance of the IQ Merger Arbitrage Index.