Syntegra Private Wealth Group LLC lifted its holdings in ProShares Merger ETF (BATS:MRGR – Free Report) by 134.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,698 shares of the company’s stock after purchasing an additional 26,761 shares during the period. Syntegra Private Wealth Group LLC owned about 18.68% of ProShares Merger ETF worth $1,915,000 at the end of the most recent reporting period.
Separately, Jane Street Group LLC raised its position in ProShares Merger ETF by 79.3% during the third quarter. Jane Street Group LLC now owns 20,425 shares of the company’s stock valued at $854,000 after buying an additional 9,034 shares during the period.
ProShares Merger ETF Price Performance
BATS:MRGR opened at $41.65 on Thursday. ProShares Merger ETF has a fifty-two week low of $35.06 and a fifty-two week high of $36.45. The stock has a market cap of $10.41 million, a PE ratio of 17.64 and a beta of 0.05. The stock’s 50-day moving average is $41.59 and its two-hundred day moving average is $41.66.
ProShares Merger ETF Announces Dividend
About ProShares Merger ETF
The ProShares Merger ETF (MRGR) is an exchange-traded fund that is based on the S&P Merger Arbitrage index. The fund tracks an index of developed-market equities involved in merger deals, with long exposure to target firms and short exposure to acquiring firms. The fund is net long and hedges FX risk.
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