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MRGR Price & Analysis

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MRGR ETF Chart & Stats

ETF Overview

ProShares Merger ETF

The ProShares Merger ETF (Ticker: MRGR) offers investors a sophisticated access point into the dynamic world of merger arbitrage, a niche strategy within hedge fund investing. Designed for those seeking to capitalize on the complexities of corporate mergers and acquisitions, MRGR employs a long/short approach that strategically navigates both sides of potential transaction outcomes. By focusing on announced mergers, the fund aims to exploit the spread between a target company's current stock price and its proposed acquisition price, providing an innovative avenue for risk-adjusted returns. As part of the Hedge Fund Strategies category, MRGR is well-positioned to offer diversification benefits and potential profits irrespective of broader market movements. This makes it an appealing choice for investors looking to enhance their portfolios with a strategy that thrives on market inefficiencies and corporate action nuances. With its specialized focus and expert management, the ProShares Merger ETF is a compelling option for those intrigued by the intricacies of merger-driven opportunities.
Asset Class
Alternatives
Region
Developed Markets
Issuer
ProShares
Index Tracked
S&P Merger Arbitrage Index - Benchmark TR Net
Ticker Symbol
MRGR

ProShares Merger ETF (MRGR) Fund Flow Chart

ProShares Merger ETF (MRGR) 1 year Net Flows: $1M

MRGR ETF FAQ

What was MRGR’s price range in the past 12 months?
MRGR lowest ETF price was $39.69 and its highest was $45.62 in the past 12 months.
    What is the AUM of MRGR?
    As of Jan 28, 2025 The AUM of MRGR is 11.45M.
      Is MRGR overvalued?
      According to Wall Street analysts MRGR’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does MRGR pay dividends?
        MRGR pays a Quarterly dividend of $1.146 which represents an annual dividend yield of 3.16%. See more information on MRGR dividends here
          How many shares outstanding does MRGR have?
          MRGR has 275,001 shares outstanding.
            Which hedge fund is a major shareholder of MRGR?
            Currently, no hedge funds are holding shares in MRGR

            MRGR ETF Smart Score

            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.​

            Top 10 Holdings

            Name
            Weight %
            USD_CASH
            U.S. Dollar
            8.91%
            Heartland Financial Usa
            3.69%
            Discover Financial Services
            3.63%
            DS Smith
            3.48%
            Canadian Western Bank
            3.00%
            Endeavor Group Holdings
            2.74%
            Altair Engineering
            2.56%
            Sandy Spring
            2.55%
            Infinera Corp
            2.50%
            Direct Line Insurance
            2.49%
            Total35.54%
            See All Holdings
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