IQ Merger Arbitrage ETF (MNA)

NYSEARCA: MNA · IEX Real-Time Price · USD
31.87 -0.01 (-0.03%)
Jan 19, 2022 4:00 PM EST - Market closed
Assets$683.61M
NAV$31.87
Expense Ratio0.77%
PE Ratio23.61
Shares Out21.45M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend DateDec 30, 2020
1-Year Return-4.61%
Volume230,248
Open31.92
Previous Close31.88
Day's Range31.82 - 32.02
52-Week Low31.64
52-Week High31.64
Beta0.16
Holdings118
Inception DateNov 17, 2009

About MNA

The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. The fund is non-diversified.

Asset ClassPortfolio-Multi Asset
SectorAlternative Investments
RegionGlobal
IssuerIndexIQ
Stock ExchangeNYSEARCA
Ticker SymbolMNA
Index TrackedIQ Merger Arbitrage Index

Top 10 Holdings

46.65% of assets
NameSymbolWeight
Nuance CommunicationsNUAN7.16%
CernerCERN6.12%
Arena PharmaceuticalsARNA6.11%
MimecastMIME5.96%
CyrusOneCONE4.16%
CoherentCOHR4.00%
Recv Spdr S&P Regional BaN/A3.48%
Spdr S&P Regional BankingN/A3.48%
Ishares Expanded Tech-SofN/A3.10%
Ishares Expanded Tech-SofN/A3.10%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 30, 2020$0.76599Jan 7, 2021
Dec 28, 2016$0.06134Jan 4, 2017
Dec 29, 2015$0.24512Jan 5, 2016
Dec 27, 2013$0.26368Jan 3, 2014
Dec 27, 2012$0.04883Jan 4, 2013
Full Dividend History

News

ETFs to Target Deal-Making in a Record Year of M&A Activity

As global merger and acquisitions activity picks up this year on the low interest rate environment and rising stock prices, investors can look to M&A-themed exchange traded funds to capture the increase...

Other symbols:MARBMRGR
5 months ago - ETF Trends

Vaccination & Economic Recovery to Boost These ETFs

With COVID-19 vaccination taking momentum, the outlook for large U.S. companies' corporate actions is looking bright.

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8 months ago - Zacks Investment Research

Got $1,000? Here's How to Buy the Dip Right Now

Even a little money can go a long way if you buy the right stocks and ETFs.

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8 months ago - The Motley Fool

Optimizing the 60/40 Portfolio Through Varying Market Conditions with Liquid Alts

Advisors often ask how to pick the best liquid alts strategy to diversify their clients' portfolios. This is a fair, if not critical, question as alternatives strategies span a wide range of investment ...

Other symbols:MCROQEDQLSQMN
8 months ago - ETF Trends

ETF Areas to Win/Lose With Biden on the Verge of Victory

Though the counting process for the U.S. election outcome is still on, the prospect of a Joe Biden presidency marked by a divided Congress is rife.

1 year ago - Zacks Investment Research

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?

1 year ago - Zacks Investment Research

After a Solid Q3, Can M&A ETF Soar in Q4?

It was a great Q3 for mergers and acquisitions (M&A) that were on hold amid the peak of coronavirus-led lockdowns.

1 year ago - Zacks Investment Research

Risk versus Reward in MNA

By Salvatore Bruno, Chief Investment Officer and Managing Director, IndexIQ Not all risks are created equal; looking at merger arbitrage through a managed risk lens That risk and reward are related is a...

1 year ago - ETF Trends

After a Record Q3, Can M&A Soar in Q4? ETFs in Focus

Mergers and acquisitions had a great third quarter as deal activities that were on hold amid the peak of coronavirus-led lockdowns opened the floodgates.

Other symbols:MRGR
1 year ago - Zacks Investment Research

Merger Activity Increased Despite the Covid-19 Pandemic

A backlog of mergers and acquisitions were put on hold as a result of the Covid-19 pandemic. Now, however, the floodgates are open and an outpouring of M&A activity is set to hit the capital markets thr...

1 year ago - ETF Trends

How Corporate Action ETFs Work

Corporate actions like IPOs, M&A and spinoffs are picking up pace. These ETFs may benefit.

Other symbols:CSDFPXIPO
1 year ago - ETFcom

M&A ETFs Sizzling on Recent Deal Activities

After tumbling to the lowest level in more than a decade in the second quarter, global M&A activity gathered steam in September following the flurry of latest deal activities.

Other symbols:AMXGILDMRGRNVDAVZ
1 year ago - Zacks Investment Research

Buyer’s Market Could Fuel Mergers and Acquisitions ETFs

As businesses look to reopen around the globe following the Covid-19 pandemic, the mergers and acquisitions (M&A) industry is not immune to its own set of changes. However, industry experts are saying t...

Other symbols:MARBMRGR
1 year ago - ETF Trends

"Merger Monday" to Benefit These ETFs

Amid coronavirus-related uncertainties, Intel and Nvidia announced two acquisitions that can facilitated their existing portfolio.

Other symbols:MRGRSMHSOXX
1 year ago - Zacks Investment Research

Don’t Expect to See Another Strong Year for M&A in 2020

Social distancing and avoiding large gatherings like the plague are the new normal. It’s all having ripple effects throughout the capital markets, and the mergers/acquisitions space isn’t immune to the ...

1 year ago - ETF Trends

IQ Merger Arbitrage Is All About the Deals

This merger-focused ETF can zig when the market zags.

1 year ago - Kiplinger

Alternative ETF Strategies to Prep a Portfolio Against the Unknowns

Investors should consider alternative investments and exchange traded fund strategies to better diversify a traditional portfolio mix against potential risks that can suddenly pop up.

Other symbols:MCROQAIQEDQLSQMN
1 year ago - ETF Trends

These 3 ETFs Have Been Thriving During Volatile Trading Week

Like a freefall roller coaster operator, investors have seen nothing, but the markets going up, going down, rinse, and repeat.

1 year ago - ETF Trends

IndexIQ 2020 Macro Outlook: Three Actionable Ideas for the Year Ahead

After what had been a tumultuous 2019, the end of the year is bringing significant progress on a number of fronts that have had investors on edge for months.

Other symbols:HFXIHYLVMMINQAIULTR
2 years ago - ETF Trends

Surging Global Deal Volume Sends 'MNA' to Record High

The ETF industry has something for everyone -- the IQ Merger Arbitrage ETF (ticker: MNA) seeks to identify investment opportunities in the global M&A market.

2 years ago - Bloomberg Markets and Finance

Merger Arbitrage ETF (MNA) Hits New 52-Week High

This merger and acquisition ETF hits a new 52-week high. Are more gains in store for this ETF?

2 years ago - Zacks Investment Research

Merger Arbitrage ETF Proves Its Mettle Over a Decade

The  IQ Merger Arbitrage ETF (MNA) debuted over a decade ago as one of the first ETFs in the “liquid alts” category, providing regular investors exposure to a concept previously reserved for institution...

2 years ago - ETF Trends

Manage Market Risk Exposure with Liquid Alternative ETFs

Institutional investors, financial advisors and retail investors can all gain exposure to alternative assets through ETFs to ensure a portfolio is optimally diversified to withstand a variety of market ...

Other symbols:QAI
2 years ago - ETF Trends

Liquid Alternative ETFs: The Institutional Perspective

Advisors and institutions alike are always looking for more ideas on how to improve outcomes for their clients’ portfolios. Could liquid alternative ETFs be the solution?

Other symbols:MCROQAIQEDQLSQMN
2 years ago - ETF Trends

ETF Edge, May 29, 2019

Leslie Picker digs into the latest trends in the ETF market with State Street's Matthew Bartolini, CFRA's Todd Rosenbluth and IndexIQ's Sal Bruno.

Other symbols:QUALSPYVDCNOBL
2 years ago - CNBC Television