Authentikos Wealth Advisory LLC Has $590,000 Holdings in First Trust Merger Arbitrage ETF (NYSEARCA:MARB)

Authentikos Wealth Advisory LLC lowered its stake in shares of First Trust Merger Arbitrage ETF (NYSEARCA:MARB) by 4.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 29,681 shares of the company’s stock after selling 1,383 shares during the period. Authentikos Wealth Advisory LLC owned approximately 1.26% of First Trust Merger Arbitrage ETF worth $590,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MARB. CreativeOne Wealth LLC bought a new position in shares of First Trust Merger Arbitrage ETF in the third quarter valued at approximately $594,000. Assetmark Inc. lifted its stake in First Trust Merger Arbitrage ETF by 103.3% during the 3rd quarter. Assetmark Inc. now owns 38,633 shares of the company’s stock valued at $765,000 after acquiring an additional 19,626 shares in the last quarter. Clear Harbor Asset Management LLC lifted its stake in First Trust Merger Arbitrage ETF by 7.9% during the 4th quarter. Clear Harbor Asset Management LLC now owns 40,994 shares of the company’s stock valued at $815,000 after acquiring an additional 3,000 shares in the last quarter. Jane Street Group LLC boosted its holdings in First Trust Merger Arbitrage ETF by 112.7% during the 3rd quarter. Jane Street Group LLC now owns 42,105 shares of the company’s stock worth $833,000 after acquiring an additional 22,307 shares during the last quarter. Finally, Holistic Financial Partners grew its stake in shares of First Trust Merger Arbitrage ETF by 2.0% in the 3rd quarter. Holistic Financial Partners now owns 53,234 shares of the company’s stock worth $1,053,000 after acquiring an additional 1,057 shares in the last quarter.

First Trust Merger Arbitrage ETF Price Performance

Shares of MARB stock opened at $19.94 on Wednesday. First Trust Merger Arbitrage ETF has a one year low of $19.07 and a one year high of $20.68. The company has a market cap of $46.86 million, a P/E ratio of 14.08 and a beta of 0.07. The firm has a 50-day moving average of $19.84 and a 200-day moving average of $19.87.

First Trust Merger Arbitrage ETF Company Profile

The First Trust Vivaldi Merger Arbitrage ETF (MARB) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively-managed global fund that uses a merger arbitrage strategy to long takeover target and short the acquiring company. MARB was launched on Feb 4, 2020 and is managed by First Trust.