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ARB - AltShares Merger Arbitrage ETF

Stock Price: $25.47 USD 0.04 (0.14%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
After-hours: $25.47 +0.00 (0.00%) Apr 16, 8:00 PM
Assets $6.37M
NAV $25.47
Expense Ratio 0.76%
PE Ratio 22.27
Beta (5Y) -0.46
Dividend (ttm) $0.73
Dividend Yield 2.85%
Ex-Dividend Date Dec 17, 2020
1-Year Return -
Trading Day April 16
Last Price $25.47
Previous Close $25.43
Change ($) 0.04
Change (%) 0.14%
Day's Open 25.43
Day's Range 25.47 - 25.50
Day's Volume 2,187
52-Week Range 23.52 - 27.86

Fund Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its underlying index, the Water Island Merger Arbitrage USD Hedged Index. The fund seeks to track the performance of the index, which is designed to reflect a global merger arbitrage strategy. Under normal market conditions, it will invest at least 80% of its net assets (including borrowings for investment purposes) in the constituents of the index and in financial instruments with economic characteristics similar to such constituents such as swaps on such constituents. The fund is non-diversified.

Asset Class
Equity
Inception Date
May 7, 2020
Exchange
NYSEARCA
Ticker Symbol
ARB
Index Tracked
Water Island Merger Arbitrage USD Hedged Index

Top 10 Holdings

39.05% of assets
NameSymbolWeight
Morgan Stanley Instl Lqudty Govt Instln/a5.72%
Ssc Government Mm Gvmxxn/a5.72%
Eaton Vance CorpEV5.00%
Aonmss Trs Usd R V 01mfedl0 Fedl01m/-40.00bpsn/a3.47%
RealPageRP3.30%
Varian Medical SystemsVAR3.22%
Alexion PharmaceuticalsALXN3.21%
Dialog Semiconductor PLCDLG.DE3.18%
Amdmss Trs Usd R V 01mfedl Fedl01m-40 Bpsn/a3.12%
Willis Towers WatsonWLTW3.11%
View All Holdings

Dividends

Ex-DividendAmountPay Date
Dec 17, 2020$0.726Dec 21, 2020
Dec 12, 2013$0.23Jan 1, 2013
Sep 12, 2013$0.10Oct 1, 2013
Jun 18, 2013$0.10Jul 1, 2013
Dec 12, 2012$0.10Jan 2, 2013
Sep 13, 2012$0.10Oct 1, 2012
Full Dividend History

News

There are no news available yet.