NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN) Trading Down 0.2% – Here’s Why

NYLI MacKay Municipal Insured ETF (NYSEARCA:MMINGet Free Report)’s share price was down 0.2% during mid-day trading on Thursday . The stock traded as low as $24.31 and last traded at $24.35. Approximately 75,437 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 79,588 shares. The stock had previously closed at $24.39.

NYLI MacKay Municipal Insured ETF Stock Down 0.2 %

The company’s fifty day moving average is $24.40 and its 200-day moving average is $24.18.

NYLI MacKay Municipal Insured ETF Company Profile

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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.

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