IQ MacKay Municipal Insured ETF (NYSEARCA:MMIN) Shares Up 0.3%

IQ MacKay Municipal Insured ETF (NYSEARCA:MMIN)’s stock price traded up 0.3% during mid-day trading on Tuesday . The company traded as high as $23.97 and last traded at $23.96. 36,006 shares were traded during trading, a decline of 54% from the average session volume of 77,466 shares. The stock had previously closed at $23.89.

IQ MacKay Municipal Insured ETF Trading Up 0.3 %

The business’s 50-day moving average is $24.00 and its two-hundred day moving average is $24.21.

Institutional Investors Weigh In On IQ MacKay Municipal Insured ETF

An institutional investor recently bought a new position in IQ MacKay Municipal Insured ETF stock. Waterloo Capital L.P. purchased a new position in IQ MacKay Municipal Insured ETF (NYSEARCA:MMIN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,149 shares of the company’s stock, valued at approximately $225,000. Waterloo Capital L.P. owned about 0.05% of IQ MacKay Municipal Insured ETF at the end of the most recent quarter.

IQ MacKay Municipal Insured ETF Company Profile

The IQ MacKay Municipal Insured ETF (MMIN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed US municipal bond fund for insured, investment-grade securities of varying maturities. MMIN was launched on Oct 18, 2017 and is managed by IndexIQ.