From Tony Sagami: One of the most important components of President Trump’s tax overhaul plan is a tax holiday for American companies that do business overseas. This, of course, is all in an effort to repatriate those dollars.
From Jon Markman: Consolidation works great for corporate America. For consumers, maybe not so much.
From Grant Wasylik: Have you ever profited from an investment strategy where you consistently banked easy, small returns?
Investors looking for ETFs with rising momentum should begin to consider the IQ ARB Merger Arbitrage ETF (MNA). This product just hit a new 52-week high of $29.65 today, and is now up 10.18% from its 52-week low price of $26.91 per share.
ETF issuer and index provider IndexIQ just made some interesting updates to the holdings of its IndexIQ IQ ARB Merger Arbitrage ETF (NYSE:MNA), which include dropping LinkedIn and Virgin America, both of which have been officially acquired.
Trading volume has picked up in the latter part of this month in the third largest “Hedge Fund” ETF, IndexIQ IQ ARB Merger Arbitrage ETF (NYSE:MNA).
NYSEARCA:CSMA, BATS:MRGR, NYSEARCA:MNA
NYSEARCA:MNA, NYSEARCA:BTAL, NYSEARCA:QAI
IndexIQ, a leading developer of index-based alternative investment solutions, today announced the performance of its proprietary family of hedge fund replication and alternative beta indexes.
NYSEARCA:MRGR, NYSEARCA:MNA, NYSEARCA:SPY, NYSEARCA:DIA, NYSEARCA:IWM