AltShares Merger Arbitrage ETF (ARB) Price, Holdings, & News

ETF Overview

The AltShares Merger Arbitrage ETF (ARB) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund tracks a global USD-hedged index that uses a merger arbitrage strategy by providing long exposure to takeover targets and short exposure the acquiring company. ARB was launched on May 7, 2020 and is managed by Altshares.

Key Stats

• Today's Range: $28.84 to $28.94
• 50-Day Range: $28.31 to $28.90
• 52-Week Range: $27.22 to $28.94
• Volume: 15,135 shs
• Average Volume: 11,281 shs
• Market Capitalization: $86.44 million
• Assets Under Management: $86.32 million
• Dividend Yield: 1.04%
• Net Expense Ratio: 0.84%
• Aggregate Rating: Hold

ARB ETF - Frequently Asked Questions

How have ARB shares performed this year?

AltShares Merger Arbitrage ETF's stock was trading at $27.53 on January 1st, 2025. Since then, ARB shares have increased by 5.0% and is now trading at $28.91.

Who are AltShares Merger Arbitrage ETF's major shareholders?

AltShares Merger Arbitrage ETF's top institutional investors include Cantor Fitzgerald Investment Advisors L.P. (18.53%), New York Life Investment Management LLC (11.35%), Envestnet Asset Management Inc. (7.79%) and Orion Porfolio Solutions LLC (6.05%).
View institutional ownership trends.

How do I buy shares of AltShares Merger Arbitrage ETF?

Shares of ARB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of AltShares Merger Arbitrage ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AltShares Merger Arbitrage ETF investors own include Grayscale Bitcoin Mini Trust ETF (BTC), Meta Platforms (META), iShares Core MSCI EAFE ETF (IEFA), iShares Core Total USD Bond Market ETF (IUSB), Vanguard Total Stock Market ETF (VTI), Vanguard FTSE Emerging Markets ETF (VWO) and Emeren Group (SOL).

Fund Details

• Issuer: Water Island Capital
• Fund Name: AltShares Merger Arbitrage ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:ARB
• Inception Date: 5/7/2020
• Fund Manager: John Orrico, Eric Becker, Christopher Plunkett
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Multi Asset
• Benchmark: Water Island Merger Arbitrage USD Hedged Index
• Category: Long/Short
• Focus: Absolute Returns
• Development Level: Developed Markets
• Region: Global
• Number of Holdings: 141

Fund Statistics

• Assets Under Management: $86.32 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.03%

Administrator, Advisor and Custodian

• Administrator: State Street Bank and Trust Company
• Advisor: Water Island Capital, LLC
• Custodian: State Street Bank and Trust Company
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: GTS

Options

• Optionable: N/A
• Short Interest: 8,700 shs

Miscellaneous

• Outstanding Shares: 2,990,000
• Beta: 0.07
• Creation Unit: 50,000
• Creation Fee: $250.00