NYLI Merger Arbitrage ETF logo

NYLI Merger Arbitrage ETF (MNA)

Market Closed
17 Jul, 20:00
ARCA ARCA
$
36. 58
+0.06
+0.1599%
$
251.54M Market Cap
1.51% Div Yield
19,395 Volume
$ 36.52
Previous Close
Add Transaction
Day Range
36.5 36.66
Year Range
34.91 37.19
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Summary

MNA closed today higher at $36.58, an increase of 0.1599% from yesterday's close, completing a monthly increase of 0.6837% or $0.25. Over the past 12 months, MNA stock gained 1.5502%.
MNA pays dividends to its shareholders, with the most recent payment made on Jan 05, 2024. The next estimated payment will be in 5 Jan 2025 on Jan 05, 2025 for a total of $0.37752.
NYLI Merger Arbitrage ETF has completed 1 stock splits, with the recent split occurring on Dec 28, 2011.
The company's stock is traded on one exchange.

MNA Chart

M&A: An Overlooked ETF Investing Zone of AI Boom?

M&A: An Overlooked ETF Investing Zone of AI Boom?

AI-driven data-center dealmaking is surging. ETFs like MNA, IAI, KBWB, CHAT offer ways to tap the M&A boom tied to AI infrastructure.

Zacks | 6 months ago
M&A Deals Thriving in 2025: ETFs in Focus

M&A Deals Thriving in 2025: ETFs in Focus

M&A deals are booming in 2025 despite fewer transactions -- megadeals, AI bets and Fed cuts may fuel ETFs like MNA, IAI, KBWB & CHAT.

Zacks | 9 months ago
Merger & Acquisition ETF (MNA) Hits New 52-Week High

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.

Zacks | 1 year ago

NYLI Merger Arbitrage ETF Investors

Name Quantity Cost Value Profit ($) Gain (%)
PEP
Philip E. Passafiume Protective Life Corp
182 $6,615.7 $6,663.64 $47.94 0.72%
JD
Jim Dushek HARBOUR INVESTMENTS Inc.
622 $21,334.6 $22,773.53 $1,438.93 6.74%
AL
Acas LLC Acas LLC
42,709 $1.36M $1.56M $200,441.73 14.7%
CAL
CoreCap Advisors LLC CoreCap Advisors LLC
6 $205.8 $219.45 $13.65 6.63%
Candace Cavalier
Candace Cavalier Congress Wealth Management LLC / DE /
20,886 $736,649.22 $763,905.45 $27,256.23 3.7%

NYLI Merger Arbitrage ETF (MNA) FAQ

What is the stock price today?

The current price is $36.58.

On which exchange is it traded?

NYLI Merger Arbitrage ETF is listed on ARCA.

What is its stock symbol?

The ticker symbol is MNA.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 1.51%.

What is its market cap?

As of today, the market cap is 251.54M.

Has NYLI Merger Arbitrage ETF ever had a stock split?

NYLI Merger Arbitrage ETF had 1 splits and the recent split was on Dec 28, 2011.

NYLI Merger Arbitrage ETF Profile

ARCA Exchange
US Country

Overview

Our company is a specialized investment fund that focuses primarily on capitalizing on merger arbitrage opportunities. We dedicate at least 80% of our net assets, in addition to any borrowings for investment purposes, toward securities included in our underlying index. This underlying index leverages a systematic investment process aimed at uncovering opportunities among companies involved in announced mergers, acquisitions, and other buyout-related transactions. The companies we target through our investments are primarily listed in developed markets, including the U.S., ensuring a mix of stability and growth potential. As a non-diversified fund, we concentrate our investments to capitalize on these unique opportunities, striving to generate superior returns for our investors.

Products and Services

  • Merger Arbitrage Investment Opportunities
  • We provide investors with an avenue to invest in companies involved in mergers and acquisitions (M&As) and other buyout-related transactions. Our goal is to exploit the pricing inefficiencies that often occur during the announcement and completion of such deals. Through rigorous analysis and a systematic investment process, we aim to identify the most promising opportunities in developed markets, thereby offering potential for attractive returns.

  • Systematic Investment Process
  • Our investment strategy is grounded in a systematic process designed to identify high-potential companies engaged in M&As and buyouts. This process encompasses a variety of analytical methods to assess the viability and potential success of each transaction, factoring in the specific dynamics of developed markets. By focusing on a methodical approach, we are better positioned to make informed investment decisions that contribute to the overall performance of the fund.

  • Exposure to Developed Markets
  • Investors in our fund gain exposure to a broad range of companies listed in developed markets, including the United States. These markets are known for their stability, robust regulatory environments, and the potential for growth, making them attractive for merger arbitrage opportunities. Our focus on these regions enhances the diversity of our investment portfolio and offers a balanced mix of risk and reward for our clients.

    Contact Information

    Address: 51 Madison Avenue
    Phone: 1-800-624-6782