NYSEArca - Delayed Quote USD

AltShares Merger Arbitrage ETF (ARB)

27.92 +0.09 (+0.33%)
At close: 3:54 PM EDT
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DELL
  • Previous Close 27.83
  • Open 27.88
  • Bid 27.00 x 900
  • Ask 41.83 x 900
  • Day's Range 27.88 - 27.95
  • 52 Week Range 25.81 - 27.95
  • Volume 6,419
  • Avg. Volume 9,338
  • Net Assets 72.49M
  • NAV 27.86
  • PE Ratio (TTM) --
  • Yield 0.00%
  • YTD Daily Total Return 4.04%
  • Beta (5Y Monthly) 0.06
  • Expense Ratio (net) 0.84%

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

72.49M

Net Assets

2020-05-07

Inception Date

Performance Overview: ARB

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Trailing returns as of 10/15/2024. Category is Event Driven.

YTD Return

ARB
4.04%
Category
3.39%
 

1-Year Return

ARB
6.41%
Category
5.96%
 

3-Year Return

ARB
3.82%
Category
2.28%
 

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Holdings: ARB

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Top 6 Holdings (16.28% of Total Assets)

SymbolCompany% Assets
MRO
Marathon Oil Corporation 2.76%
RCM
R1 RCM Inc. 2.73%
HCP
HashiCorp, Inc. 2.72%
CTLT
Catalent, Inc. 2.72%
SPR
Spirit AeroSystems Holdings, Inc. 2.68%
K
Kellanova 2.67%

Sector Weightings

SectorARB
Technology   27.96%
Healthcare   17.55%
Energy   10.88%
Industrials   10.28%
Utilities   3.78%
Real Estate   0.31%

Recent News: ARB

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Research Reports: ARB

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  • Aptar Earnings: Interim Results in Line With Expectations; Fair Value Estimate Unchanged

    Headquartered in Crystal Lake, Illinois, AptarGroup is a leading global supplier of dispensing systems such as aerosol valves, pumps, closures, and elastomer packaging components to the consumer goods and pharmaceutical markets. With the bulk of its annual net sales coming from Europe (50% of sales) and the United States (33%), Aptar aims to increase its presence in Asia (10%) and Latin America (7%). It operates three business segments, Pharma, Beauty, and Closures. Pharma generates over two thirds of group profits.

    Rating
    Price Target
     
  • Raising target price to $81.00

    APOGEE ENTERPRISES INC has an Investment Rating of HOLD; a target price of $81.000000; 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.

    Rating
    Price Target
     
  • Raising target price to $55.00

    ABM INDUSTRIES INC has an Investment Rating of HOLD; a target price of $55.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Lowering target price to $167.00

    APTARGROUP INC has an Investment Rating of HOLD; a target price of $167.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     

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