Syntegra Private Wealth Group LLC Buys 26,761 Shares of ProShares Merger ETF (BATS:MRGR)

Syntegra Private Wealth Group LLC increased its position in ProShares Merger ETF (BATS:MRGR) by 134.2% during the 4th quarter, Holdings Channel reports. The firm owned 46,698 shares of the company’s stock after acquiring an additional 26,761 shares during the quarter. Syntegra Private Wealth Group LLC owned about 0.19% of ProShares Merger ETF worth $1,915,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC lifted its stake in ProShares Merger ETF by 79.3% in the third quarter. Jane Street Group LLC now owns 20,425 shares of the company’s stock worth $854,000 after acquiring an additional 9,034 shares during the period.

ProShares Merger ETF Stock Performance

BATS:MRGR opened at $41.65 on Thursday. The firm has a 50-day simple moving average of $41.59 and a 200-day simple moving average of $41.66. ProShares Merger ETF has a one year low of $35.06 and a one year high of $36.45. The firm has a market cap of $10.41 million, a P/E ratio of 17.64 and a beta of 0.05.

ProShares Merger ETF Dividend Announcement

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

About ProShares Merger ETF

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.