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| Name | Symbol | Weight |
|---|---|---|
| Morgan Stanley Instl Lqudty Govt Instl | n/a | 5.72% |
| Ssc Government Mm Gvmxx | n/a | 5.72% |
| Eaton Vance Corp | EV | 5.00% |
| Aonmss Trs Usd R V 01mfedl0 Fedl01m/-40.00bps | n/a | 3.47% |
| RealPage | RP | 3.30% |
| Varian Medical Systems | VAR | 3.22% |
| Alexion Pharmaceuticals | ALXN | 3.21% |
| Dialog Semiconductor PLC | DLG.DE | 3.18% |
| Amdmss Trs Usd R V 01mfedl Fedl01m-40 Bps | n/a | 3.12% |
| Willis Towers Watson | WLTW | 3.11% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2020 | $0.726 | Dec 21, 2020 |
| Dec 12, 2013 | $0.23 | Jan 1, 2013 |
| Sep 12, 2013 | $0.10 | Oct 1, 2013 |
| Jun 18, 2013 | $0.10 | Jul 1, 2013 |
| Dec 12, 2012 | $0.10 | Jan 2, 2013 |
| Sep 13, 2012 | $0.10 | Oct 1, 2012 |
News
There are no news available yet.