OLD Mission Capital LLC Trims Position in NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN)

OLD Mission Capital LLC trimmed its holdings in shares of NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN) by 82.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 11,355 shares of the company’s stock after selling 52,418 shares during the quarter. OLD Mission Capital LLC’s holdings in NYLI MacKay Municipal Insured ETF were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Janney Montgomery Scott LLC lifted its position in NYLI MacKay Municipal Insured ETF by 23.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 14,353 shares of the company’s stock valued at $342,000 after purchasing an additional 2,684 shares during the period.

NYLI MacKay Municipal Insured ETF Stock Down 1.8 %

Shares of MMIN opened at $23.37 on Tuesday. The business’s 50-day moving average is $23.87 and its two-hundred day moving average is $24.05. NYLI MacKay Municipal Insured ETF has a fifty-two week low of $23.17 and a fifty-two week high of $24.65.

NYLI MacKay Municipal Insured ETF 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.