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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/15/2024 |
$31.19 |
$31.19 |
$30.80 |
$30.80 |
86.60K | 04/16/2024 |
$30.87 |
$30.88 |
$30.69 |
$30.86 |
68.00K | 04/17/2024 |
$30.89 |
$30.94 |
$30.77 |
$30.77 |
34.00K | 04/18/2024 |
$30.88 |
$30.95 |
$30.81 |
$30.87 |
16.50K | 04/19/2024 |
$30.89 |
$30.95 |
$30.83 |
$30.84 |
23.00K |
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IQ Merger Arbitrage is a non-diversified, open-end, management investment company. The Funds seeks to track the performance of the IQ Merger Arbitrage Index (the Index). The Index seeks to achieve capital appreciation by investing in global companies. The Index also includes short exposure to global equities as a partial equity market hedge. The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. As of Apr 30 2015, the Fund's total assets and investment portfolio totaled $125,695,219 and $123,653,863, respectively. | |
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Index IQ ETF Trust - IQ Merger Arbitrage ETF (MNA) has the following price history information. Looking back at MNA historical stock prices for the last five trading days, on April 15, 2024, MNA opened at $31.19, traded as high as $31.19 and as low as $30.80, and closed at $30.80. Trading volume was a total of 86.60K shares. On April 16, 2024, MNA opened at $30.87, traded as high as $30.88 and as low as $30.69, and closed at $30.86. Trading volume was a total of 68.00K shares. On April 17, 2024, MNA opened at $30.89, traded as high as $30.94 and as low as $30.77, and closed at $30.77. Trading volume was a total of 34.00K shares. On April 18, 2024, MNA opened at $30.88, traded as high as $30.95 and as low as $30.81, and closed at $30.87. Trading volume was a total of 16.50K shares. On April 19, 2024, MNA opened at $30.89, traded as high as $30.95 and as low as $30.83, and closed at $30.84. Trading volume was a total of 23.00K shares.
MNA Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Index IQ ETF Trust - IQ Merger Arbitrage ETF shares, starting with a $10,000 purchase of MNA, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/19/2024 |
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Start price/share: |
$27.15 |
|
End price/share: |
$30.84 |
|
Starting shares: |
368.32 |
|
Ending shares: |
385.48 |
|
Dividends reinvested/share: |
$1.45 |
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Total return: |
18.88% |
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Average Annual Total Return: |
1.74% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$11,882.76 |
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Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/19/2024 |
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Start price/share: |
$27.15 |
|
End price/share: |
$30.84 |
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Dividends collected/share: |
$1.45 |
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Total return: |
18.93% |
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Average Annual Total Return: |
1.75% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$11,894.44 |
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Years: |
10.00 |
|
|
|
Date |
Close |
04/15/2024 | $30.80 | 04/16/2024 | $30.86 | 04/17/2024 | $30.77 | 04/18/2024 | $30.87 | 04/19/2024 | $30.84 |
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