The AltShares Event-Driven ETF (Ticker: EVNT) is a distinctive investment vehicle that offers exposure to the dynamic world of hedge fund strategies, specifically tailored for those seeking to capitalize on market inefficiencies associated with corporate events. Positioned within the niche of event-driven investing, this ETF expertly employs a long/short approach, enabling investors to potentially profit from both rising and falling markets. By focusing on events such as mergers, acquisitions, restructurings, and other corporate actions, the AltShares Event-Driven ETF seeks to exploit the pricing opportunities that often arise in these scenarios. Designed for investors with a keen interest in sophisticated financial strategies, EVNT not only provides a diversified hedge fund-like exposure but also offers the transparency and liquidity commonly associated with exchange-traded funds. With its targeted approach, this ETF stands out as an innovative choice for those looking to enhance their portfolios with a strategic edge in event-driven opportunities.
Asset Class
Alternatives
Region
Global
Issuer
Altshares
Index Tracked
No Underlying Index
Ticker Symbol
EVNT
AltShares Event-Driven ETF (EVNT) Fund Flow Chart
AltShares Event-Driven ETF (EVNT) 1 year Net Flows: $901K
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.