ProShares Merger ETF (BATS:MRGR) Plans $0.15 Dividend

by · The Markets Daily

ProShares Merger ETF (BATS:MRGR – Get Free Report) announced a dividend on Friday, December 20th,NASDAQ Dividends reports. Investors 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 Performance

BATS:MRGR traded up $0.27 on Friday, reaching $42.11. The company’s stock had a trading volume of 25,400 shares. ProShares Merger ETF has a 1-year low of $35.06 and a 1-year high of $36.45. The business’s 50-day moving average price is $42.03 and its two-hundred day moving average price is $41.37. The firm has a market cap of $10.53 million, a PE ratio of 17.64 and a beta of 0.05.

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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