ProShares Merger ETF (MRGR) To Go Ex-Dividend on December 23rd

ProShares Merger ETF (BATS:MRGR) announced a dividend on Friday, December 20th,NASDAQ Dividends reports. Shareholders of record on Monday, December 23rd will be given a dividend of 0.1529 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Monday, December 23rd.

ProShares Merger ETF Trading Up 0.6 %

ProShares Merger ETF stock traded up $0.27 during mid-day trading on Friday, reaching $42.11. The company’s stock had a trading volume of 25,400 shares. The firm has a market cap of $10.53 million, a price-to-earnings ratio of 17.64 and a beta of 0.05. ProShares Merger ETF has a twelve month low of $35.06 and a twelve month high of $36.45. The business has a 50 day moving average price of $42.03 and a 200-day moving average price of $41.37.

ProShares Merger ETF Company 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.