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NYSEARCA:MARB

First Trust Merger Arbitrage ETF (MARB) Price, Holdings, & News

$19.91
+0.03 (+0.15%)
(As of 10/17/2024 ET)

About First Trust Merger Arbitrage ETF (NYSEARCA:MARB)

Key Stats

Today's Range
$19.88
$19.92
50-Day Range
$19.79
$20.13
52-Week Range
$19.07
$20.37
Volume
5,655 shs
Average Volume
19,489 shs
Market Capitalization
$46.79 million
Assets Under Management
$28.88 million
Dividend Yield
1.00%
Net Expense Ratio
1.80%
Aggregate Rating
Hold

ETF Overview

The First Trust Vivaldi Merger Arbitrage ETF (MARB) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively-managed global fund that uses a merger arbitrage strategy to long takeover target and short the acquiring company. MARB was launched on Feb 4, 2020 and is managed by First Trust.

First Trust Merger Arbitrage ETF Expenses

TypeMARBTheme ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee1.25%0.57%0.55%0.51%0.52%
Other Expenses0.55%0.57%0.49%0.58%0.54%
Total Expense1.80%0.73%0.71%0.73%0.71%
Fee Waiver0.00%-0.75%-0.52%-0.68%-0.57%
Net Expense1.80%0.59%0.61%0.58%0.59%
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MARB ETF News Headlines

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MARB ETF - Frequently Asked Questions

First Trust Merger Arbitrage ETF's stock was trading at $20.16 at the beginning of the year. Since then, MARB stock has decreased by 1.2% and is now trading at $19.9112.
View the best growth stocks for 2024 here
.

Shares of MARB 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.
Compare Top Brokerages Here.

Fund Details

Issuer
First Trust
Fund Name
First Trust Merger Arbitrage ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:MARB
Inception Date
2/4/2020
Fund Manager
Michael Peck, Scott Hergott, Brian Murphy, Jeff O'Brien, Daiel Lancz, Michael Grayson
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Theme
Development Level
Blended Development
Region
Global
Number of Holdings
36

Fund Statistics

Assets Under Management
$28.88 million
Average Daily Volume
$0.00
Discount/Premium
-0.04%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
First Trust Advisors L.P.
Custodian
The Bank of New York Mellon Corporation
Distributor
First Trust Portfolios L.P.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Wolverine Trading

Options

Optionable
N/A
Short Interest
1,400 shs

Miscellaneous

Beta
0.07
Creation Unit
50,000
Creation Fee
$250.00
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MARB Sector Exposure

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This page (NYSEARCA:MARB) was last updated on 10/17/2024 by MarketBeat.com Staff
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