IQ MacKay Ownership
| MMIT Etf | USD 24.33 0.05 0.21% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
MMIT |
MMIT Etf Ownership Analysis
IQ MacKay is is formed as Regulated Investment Company in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 556 constituents with avarage daily trading value of 95.1 K. The fund charges 0.4 percent management fee with a total expences of 0.51 percent of total asset. The fund maintains most of the assets in different exotic instruments. IQ MacKay Municipal last dividend was 0.0292 per share. The fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. IQ Mackay is traded on NYSEARCA Exchange in the United States. To find out more about IQ MacKay Municipal contact the company at NA.Investment Allocations (%)
Top IQ MacKay Municipal Etf Constituents
| CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5.25% | 1.9299999% |
| CONNECTICUT ST SPL TAX OBLIG REV 4% | 1.01% |
| ILLINOIS DEV FIN AUTH REV 0.04% | 0.95% |
| MICHIGAN ST UNIV REVS 0.04% | 0.91% |
| Fidelity® Inv MM Fds Treasury Only I | 1.17% |
| ILLINOIS FIN AUTH REV 5% | 1.1% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | 0.98% |
| BUTLER CNTY PA GEN AUTH REV 0.04% | 0.98% |
| BEXAR CNTY TEX 5% | 0.93% |
| MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 0.03% | 1.04% |
IQ MacKay Outstanding Bonds
IQ MacKay issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. IQ MacKay Municipal uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MMIT bonds can be classified according to their maturity, which is the date when IQ MacKay Municipal has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Thematic Opportunities
Explore Investment Opportunities
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in IQ MacKay Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of IQ MacKay Municipal is measured differently than its book value, which is the value of MMIT that is recorded on the company's balance sheet. Investors also form their own opinion of IQ MacKay's value that differs from its market value or its book value, called intrinsic value, which is IQ MacKay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IQ MacKay's market value can be influenced by many factors that don't directly affect IQ MacKay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IQ MacKay's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ MacKay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ MacKay's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.