AltShares Merger Arbitrage ETF (ARB)
- Previous Close
26.69 - Open
26.65 - Bid 26.62 x 900
- Ask 26.72 x 900
- Day's Range
26.63 - 26.66 - 52 Week Range
24.64 - 27.24 - Volume
994 - Avg. Volume
20,975 - Net Assets 69.41M
- NAV 26.74
- PE Ratio (TTM) --
- Yield 0.00%
- YTD Daily Total Return -0.22%
- Beta (5Y Monthly) 0.05
- Expense Ratio (net) 0.77%
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.
AltShares
Fund Family
Event Driven
Fund Category
69.41M
Net Assets
2020-05-07
Inception Date
Performance Overview: ARB
Trailing returns as of 4/23/2024. Category is Event Driven.
People Also Watch
Holdings: ARB
Top 4 Holdings (14.37% of Total Assets)
Sector Weightings
Recent News: ARB
Research Reports: ARB
ATR: Lowering target price to $146.00
APTARGROUP INC has an Investment Rating of HOLD; a target price of $146.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetALE: Lowering target price to $60.00
ALLETE INC has an Investment Rating of HOLD; a target price of $60.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice TargetASTE: Raising target price to $46.00
ASTEC INDUSTRIES INC has an Investment Rating of HOLD; a target price of $46.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetALE: Raising target price to $64.00
ALLETE INC has an Investment Rating of HOLD; a target price of $64.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice Target