First Trust Merger Arbitrage ETF (MARB)
| Assets | $13.86M |
| NAV | $19.80 |
| Expense Ratio | 2.23% |
| PE Ratio | 9.90 |
| Shares Out | 700,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -1.00% |
| Volume | 2,474 |
| Open | 19.78 |
| Previous Close | 19.70 |
| Day's Range | 19.65 - 19.80 |
| 52-Week Low | 17.58 |
| 52-Week High | 21.03 |
| Beta | 0.11 |
| Holdings | 29 |
| Inception Date | Feb 4, 2020 |
About MARB
Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs). The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.
News
First Trust Announces Shareholder Approval of New Investment Sub-Advisory Agreement with First Trust Capital Manageme...
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the shareholders of First Trust Merger Arbitrage ETF (NYSE Arca: MARB) (the “Fund”) voted at the special meeting of...
5 Long/Short ETFs to Defend Your Portfolio Against Volatility
As the S&P 500 entered into a correction due to geopolitical crisis, investors can reply upon these long/short ETFs.
First Trust Announces Adjournment of Special Shareholder Meeting for First Trust Merger Arbitrage ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special shareholder meeting for First Trust Merger Arbitrage ETF (NYSE Arca: MARB) (the “Fund”), a series of Fi...
ETF Strategies to Tap Into Strong M&A Activity in 2022
After a strong year of mergers and acquisitions, the pace of M&A doesn't seem to be abating any time soon. Investors can also capitalize on the flurry of corporate deal-making through targeted exchange ...
ETFs to Target Deal-Making in a Record Year of M&A Activity
As global merger and acquisitions activity picks up this year on the low interest rate environment and rising stock prices, investors can look to M&A-themed exchange traded funds to capture the increase...
Buyer’s Market Could Fuel Mergers and Acquisitions ETFs
As businesses look to reopen around the globe following the Covid-19 pandemic, the mergers and acquisitions (M&A) industry is not immune to its own set of changes. However, industry experts are saying t...
First Trust Expands ETF Lineup with New Arbitrage ETF ‘MARB’
First Trust Advisors L.P., a leading ETF provider and asset manager, announced today that it has launched the First Trust Merger Arbitrage ETF (NYSE Arca: MARB).