ProShares Merger ETF (BATS:MRGR) Stock Position Boosted by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC boosted its stake in ProShares Merger ETF (BATS:MRGR) by 5.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 24,477 shares of the company’s stock after acquiring an additional 1,352 shares during the quarter. Exencial Wealth Advisors LLC owned about 0.10% of ProShares Merger ETF worth $1,004,000 at the end of the most recent reporting period.

Separately, Jane Street Group LLC boosted its position in shares of ProShares Merger ETF by 79.3% during the 3rd quarter. Jane Street Group LLC now owns 20,425 shares of the company’s stock valued at $854,000 after purchasing an additional 9,034 shares in the last quarter.

ProShares Merger ETF Trading Up 0.9 %

BATS:MRGR opened at $42.02 on Thursday. ProShares Merger ETF has a twelve month low of $35.06 and a twelve month high of $36.45. The company has a 50-day moving average of $41.56 and a 200-day moving average of $41.78. The firm has a market cap of $10.50 million, a price-to-earnings ratio of 17.64 and a beta of 0.05.

ProShares Merger ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.1529 per share. The ex-dividend date of this dividend was Monday, December 23rd.

ProShares Merger ETF Profile

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.