ProShares Merger ETF Declares Dividend of $0.15 (BATS:MRGR)

by · The Cerbat Gem

ProShares Merger ETF (BATS:MRGR – Get Free Report) declared a dividend on Friday, December 20th,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be paid a dividend of 0.1529 per share on Tuesday, December 31st. The ex-dividend date is Monday, December 23rd.

ProShares Merger ETF Stock Up 0.6 %

MRGR traded up $0.27 on Friday, hitting $42.11. The company’s stock had a trading volume of 25,400 shares. ProShares Merger ETF has a 12 month low of $35.06 and a 12 month high of $36.45. The firm has a market cap of $10.53 million, a P/E ratio of 17.64 and a beta of 0.05. The company’s 50 day simple moving average is $42.03 and its 200-day simple moving average is $41.38.

ProShares Merger ETF Company Profile

(Get Free Report)

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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