ProShares - Merger ETF (MRGR)
ProShares - Merger ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $45.46, up 0.25% on the session, giving a market capitalisation of $13.5M. Its beta of 0.01 implies it has historically moved less than the broad market.
This fund is constructed to replicate the returns of its target index, providing investors with an opportunity to engage in a worldwide merger arbitrage strategy. The core objective of both the index and the fund is to achieve steady, positive growth regardless of market fluctuations; however, there is no certainty that this goal will be met. Additionally, this fund is categorized as non-diversified.
ProShares - Merger ETF is most often compared with the following Financial Services names: