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AltShares Merger Arbitrage ETF: (ARB)

(Delayed Data from NYSE) As of Apr 16, 2024 09:30 AM ET

$26.79 USD

26.79
221

+0.03 (0.11%)

Volume: 221

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

ETF Quote Details

Previous Close 26.76
Open 26.79
Bid 26.77
Ask 26.84
Day Low-High 26.79-26.79
52wk Low-High 24.64-27.24
Volume 221
NAV (month end) 27.07
Premium (+)/Discount (-) (month end)-0.31

Zacks Premium Research for ARB

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA
ETF Risk

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

NA

ETF Expense Ratio

Expense Ratio 0.77%
Dividend (Yield) $0.00 (0.00%)
Issuer ALTSHARES

Benchmark for ARB

WATER ISLAND MERGER ARBITRAGE USD HDG ID

The Water Island Merger Arbitrage USD Hedged Index reflects a pure-play, global merger arbitrage strategy investing in definitive, publicly announced mergers and acquisitions.

Fund Summary for ARB

ALTSHARES MERGER ARBITRAGE ETF

The AltShares Merger Arbitrage ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the Water Island Merger Arbitrage USD Hedged Index.