First Trust Merger Arbitrage ETF (MARB)

NYSEARCA: MARB · IEX Real-Time Price · USD
19.80
0.10 (0.53%)
May 23, 2022 2:08 PM EDT - Market open
Assets$13.86M
NAV$19.80
Expense Ratio2.23%
PE Ratio9.90
Shares Out700,000
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend Daten/a
1-Year Return-1.00%
Volume2,474
Open19.78
Previous Close19.70
Day's Range19.65 - 19.80
52-Week Low17.58
52-Week High21.03
Beta0.11
Holdings29
Inception DateFeb 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.

Asset ClassEquity
RegionNorth America
IssuerFirst Trust Portfolios
Stock ExchangeNYSEARCA
Ticker SymbolMARB

Top 10 Holdings

93.69% of assets
NameSymbolWeight
Us DollarsN/A53.33%
Flagstar BancorpFBC6.24%
Citrix SystemsCTXS5.95%
CernerCERN5.09%
AnaplanPLAN4.86%
Cornerstone Building BrandsCNR4.05%
Sanderson FarmsSAFM3.92%
Umpqua HoldingsUMPQ3.92%
VICI PropertiesVICI3.47%
MeritorMTOR2.87%
View More Holdings

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...

3 months ago - Business Wire

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.

Other symbols:BTALKMLMLBAYRALS
3 months ago - Zacks Investment Research

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...

4 months ago - Business Wire

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 ...

Other symbols:MRGR
5 months ago - ETF Trends

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...

Other symbols:MNAMRGR
9 months ago - ETF Trends

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...

Other symbols:MNAMRGR
1 year ago - ETF Trends

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).

2 years ago - ETF Trends