Main Street Financial Solutions LLC Trims Stock Position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Main Street Financial Solutions LLC trimmed its stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 171,098 shares of the company’s stock after selling 2,454 shares during the period. Main Street Financial Solutions LLC owned 0.63% of NYLI MacKay Shields Municipal Intermediate ETF worth $4,108,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of MMIT. Jane Street Group LLC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the third quarter worth about $547,000. JPMorgan Chase & Co. raised its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 28.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 90,846 shares of the company’s stock worth $2,235,000 after acquiring an additional 20,081 shares in the last quarter. Park Avenue Securities LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 34.1% in the 4th quarter. Park Avenue Securities LLC now owns 41,498 shares of the company’s stock valued at $996,000 after purchasing an additional 10,556 shares during the period. Titleist Asset Management LLC boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 10.2% during the fourth quarter. Titleist Asset Management LLC now owns 33,871 shares of the company’s stock valued at $813,000 after purchasing an additional 3,137 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the fourth quarter worth $642,000.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

Shares of NYLI MacKay Shields Municipal Intermediate ETF stock opened at $23.61 on Wednesday. NYLI MacKay Shields Municipal Intermediate ETF has a 12 month low of $22.99 and a 12 month high of $24.65. The business has a fifty day simple moving average of $24.02 and a two-hundred day simple moving average of $24.15.

NYLI MacKay Shields Municipal Intermediate ETF Profile

The IQ MacKay Municipal Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years.