AltShares Merger Arbitrage ETF

ARB · ETF

$30.06−$0.0323 (−0.11%)TodayMarket closed ·
Prev close $30.09

About ARB

ARB was created on 2020-05-07 by Altshares. The fund's investment portfolio concentrates primarily on long/short alternatives. ARB tracks a global USD-hedged index that uses a merger arbitrage strategy by providing long exposure to takeover targets and short exposure the acquiring company.

Issuer
Altshares
Tracks
Water Island Merger Arbitrage USD Hedged Index
Expense ratio
0.82%
Assets under management
$110.75M
Inception
May 7, 2020
Asset class
Alternatives

ARB key statistics

Market cap
0
Price-earnings ratio
0.00
Average volume
5.79K
Volume
6.77K
Open price
$29.68
High today
$30.11
Low today
$29.68
52 Week high
$32.48
52 Week low
$28.30

AltShares Merger Arbitrage ETF (ARB) at a glance

AltShares Merger Arbitrage ETF (ARB) last traded at $30.06, with a market cap of 0 and a price-to-earnings ratio of 0.00.

Today the fund has traded between $29.68 and $30.11. The current price is 1.3% above the day's low and 0.2% below its high.

Volume so far is 6.77K shares, in line with the average of 5.79K shares a day.

Over the past year AltShares Merger Arbitrage ETF has ranged from $28.30 to $32.48, and now sits 42% of the way up that range.

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.