NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN) Stock Price Up 0.8% – What’s Next?

NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN)’s share price shot up 0.8% during mid-day trading on Thursday . The company traded as high as $23.97 and last traded at $23.97. 90,977 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 79,281 shares. The stock had previously closed at $23.79.

NYLI MacKay Municipal Insured ETF Stock Up 0.7 %

The firm’s fifty day moving average price is $24.33 and its 200 day moving average price is $24.19.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in NYLI MacKay Municipal Insured ETF stock. Farther Finance Advisors LLC boosted its position in shares of NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN) by 43.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,375 shares of the company’s stock after acquiring an additional 1,022 shares during the quarter. Farther Finance Advisors LLC’s holdings in NYLI MacKay Municipal Insured ETF were worth $83,000 at the end of the most recent quarter.

NYLI 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.