AltShares Merger Arbitrage ETF (ARB): ETF
ETF traded on ARCX under symbol ARB. Quoted in usd.
AltShares Merger Arbitrage ETF
+0.09%$30.05
ARCX:ARBAlternatives
AUM $110.71M·YTD --·Yield --
About ARB
ARB is the first ETF by AltShares Trust and the first merger arbitrage fund that hedges foreign currency exposure. The fund is passively managed to invest in a developed market index of all-cap equities, focused on publicly-announced stock-for-stock mergers or acquisitions. The fund takes long positions on 30-50 takeover targets, while shorting the acquiring firms to hedge the acquirers stock price decline. The index rebalances and reconstitutes twice a month. ARB hedges its FX risks against the USD using forward currency or futures contracts. The fund may also hold positions in cash when the number of takeover targets are not met or when deals are consummated.
Largest holdings
- Warner Bros Discovery, Inc.3.74%
- CZR Caesars Entertainment, Inc.2.51%
- PEN Penumbra, Inc.2.50%
- TECH Bio-Techne Corp.2.49%
- AES Corp.2.47%
- ITRK.L Intertek Group PLC2.46%
- APGE Apogee Therapeutics, Inc.2.45%
- Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class2.44%
- State Street Institutional U.S. Government Money Market Fund, Premier Class2.44%
- CRNX Crinetics Pharmaceuticals, Inc.2.41%
Dividend History
Benchmark Comparison
Compared against
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Total Invested
$70,000
Final Portfolio
$107,864
Total Return
+$37,864
(+54.1%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$110.71M
NAV$30.05
Premium/DiscountAt NAV
Expense Ratio0.82%
Market Cap--
Shares Outstanding--
Inception DateMay 7, 2020
Fund Details
IssuerAltshares
Asset ClassAlternatives
Beta--
SectorFinancial Services
DomicileUS
Websitealtsharesetfs.com/arb
52-Week Range
$28.30$32.48
Current: $30.05
Volume
Volume10.64K
Avg Volume18.03K
Vol/Avg0.59x
30d
8.36K
60d
20.92K
90d
18.15K
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