Shares of IQ Hedge Macro Tracker ETF (NYSEARCA:MCRO) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $25.82. IQ Hedge Macro Tracker ETF shares last traded at $25.82, with a volume of 122 shares traded.
The business has a fifty day simple moving average of $26.20 and a two-hundred day simple moving average of $26.05.
An institutional investor recently bought a new position in IQ Hedge Macro Tracker ETF stock. Mackey Komara & Dankovich LLC purchased a new position in IQ Hedge Macro Tracker ETF (NYSEARCA:MCRO) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,569 shares of the exchange traded fund’s stock, valued at approximately $93,000. Mackey Komara & Dankovich LLC owned about 1.78% of IQ Hedge Macro Tracker ETF as of its most recent SEC filing.
IQ Hedge Macro Tracker ETF (the Fund) is an exchange-traded fund that seeks to track, before fees and expenses, the performance of the IQ Hedge Macro Index (the Index). The Index seeks to replicate the risk-adjusted return characteristics of hedge funds that employ various hedge fund investment styles, which may include but are not limited to long/short equity, macro, market neutral, event-driven, fixed-income arbitrage, emerging markets and other strategies commonly used by hedge fund managers (the Strategy).
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