IQ ARB Merger Arbitrage ETFMNA
MNA
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
6% more funds holding
Funds holding: 67 [Q3] → 71 (+4) [Q4]
16.93% less ownership
Funds ownership: 70.58% [Q3] → 53.65% (-16.93%) [Q4]
24% less capital invested
Capital invested by funds: $191M [Q3] → $146M (-$45.5M) [Q4]
31% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 26
Research analyst outlook
We haven’t received any recent analyst ratings for MNA.
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Merger & Acquisition ETF (MNA) Hits New 52-Week High
For investors seeking momentum, NYLI Merger Arbitrage ETF MNA is probably on the radar. The fund just hit a 52-week high and is up 11.56% from its 52-week low price of $30.36/share.
Positive
Zacks Investment Research
3 months ago
Merger & Acquisition ETF (MNA) Hits New 52-Week High
For investors seeking momentum, NYLI Merger Arbitrage ETF MNA is probably on the radar. The fund just hit a 52-week high and is up 9.82% from its 52-week low price of $30.36/share.
Positive
Zacks Investment Research
4 months ago
Upbeat Year Ahead for Mergers and Acquisitions? ETFs to Consider
Driven by increasing global M&A deal notifications and easing financial market conditions, investing in ETFs employing a merger arbitrage strategy can be a smart play.
Positive
Zacks Investment Research
6 months ago
Time for Merger & Acquisition ETFs With Deal-Making Staging a Comeback?
Deal making should rise in 2024 due to easing inflation and interest rate cuts, pent-up demand for deals, and strategic initiatives taken by companies.
Positive
Zacks Investment Research
1 year ago
Wall Street Investment Banking Gains Momentum: ETFs in Focus
After two years of subdued dealmaking, key Wall Street banks have been witnessing a resurgence in investment banking activity.
Negative
Seeking Alpha
1 year ago
MNA: Merger Arbitrage Improving With Discounts As Biden FTC Risk Is Discounted
Merger arbitrage strategy ETFs like MNA were highly profitable from 2010 to 2020 due to quick government approval of mergers and high M&A deal volumes. Since 2020, the M&A fund MNA has underperformed as the Biden Administration has blocked numerous large mergers, and overall volumes have declined. In the coming months, the impact of US government politics on the alpha generation of the merger arbitrage strategy should be closely watched.
Positive
Zacks Investment Research
1 year ago
M&A to Bounce Back in 2024? ETFs in Focus
After a weak M&A year of 2023, things are looking bright for space due to chances of Fed rate cuts, higher pent-up demand and improving financial markets.
Negative
Seeking Alpha
1 year ago
MNA: Merger Arbitrage Fund That Fails To Impress
MNA IQ Merger Arbitrage ETF is a fund that focuses on investing in companies involved in mergers and acquisitions. The fund uses a strategy called merger arbitrage to profit from price discrepancies between the target company's stock and the offer price. Mergers are highly scrutinized transactions, especially for certain regulated sectors.
Positive
Zacks Investment Research
1 year ago
ETFs to Make the Most of the M&A Comeback
After several quiet years, global M&A activity gathered steam early in 2024 following a flurry of deals. The deal value surged 55% year over year to $425 billion, signaling a robust revival in the sector.
Positive
ETF Trends
1 year ago
How ETF Investors Can Take Advantage of Deal Activity
With lower interest rates now in sight and renewed confidence in the stock market, deal making activity should pick up in 2024 after a slow couple of years. For retail investors, this could lead to new opportunities to invest in emerging industries and the potential to capture early returns.
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