AltShares Merger Arbitrage ETF (ARB)Event Driven | Exchange Traded Fund | NYSEArca
29.75 USD
-0.14
(-0.456%) ⇩
(Aug. 28, 2026, 3:15 p.m.
EDT)
After hours: 29.75 |
Hot Take ↕ | Aug. 22, 2026, 4:48 a.m. EDT
The short-term outlook remains neutral due to the asset's nature as a merger arbitrage vehicle, which inherently offers low volatility and limited upside potential compared to the broader market; recent price action confirms this stagnation, trading flat against moving averages with no distinct momentum catalyst. While the long-term fundamentals show a healthy five-year cumulative gain of roughly 13%, the trajectory lacks the explosive growth or dominant competitive moat required for a top-tier buy-and-hold recommendation, especially given the niche strategy exposure. The dividend profile is the weakest link here, offering a meager yield that barely covers inflation and appears inconsistent, with payments varying significantly in amount and frequency over the last few years, suggesting it is better suited for income preservation than growth. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.001746 |
| AutoETS | 0.002752 |
| AutoARIMA | 0.002765 |
| MSTL | 0.003441 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 84% |
| H-stat | 0.15 |
| Ljung-Box p | 0.095 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 4.24 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.44% | 0.44% | 0.52% | 1.15% |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-18 | 0.126 | 0.435188 |
| 2024-12-18 | 0.309 | 1.128149 |
| 2022-12-15 | 1.076 | 4.193297 |
| 2020-12-17 | 0.726 | 2.878097 |
| Attribute | Value |
|---|---|
| All Time High | 32.48 |
| All Time Low | 24.2 |
| Ask | 44.68 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 8,660 |
| Average Daily Volume3 Month | 15,084 |
| Average Volume | 15,084 |
| Average Volume10Days | 8,660 |
| Beta3 Year | 0.03 |
| Bid | 29.73 |
| Bid Size | 300 |
| Category | Event Driven |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.81 |
| Day Low | 29.75 |
| Dividend Yield | 0.42 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.66522 |
| Fifty Day Average Change | 0.08857918 |
| Fifty Day Average Change Percent | 0.0029859606 |
| Fifty Two Week Change Percent | 2.8482556 |
| Fifty Two Week High | 32.48 |
| Fifty Two Week High Change | -2.7262 |
| Fifty Two Week High Change Percent | -0.08393473 |
| Fifty Two Week Low | 28.3 |
| Fifty Two Week Low Change | 1.4538002 |
| Fifty Two Week Low Change Percent | 0.051371034 |
| Fifty Two Week Range | 28.3 - 32.48 |
| First Trade Date Milliseconds | 1,589,203,800,000 |
| Five Year Average Return | 0.042041 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.1362 |
| Fullday Change Percent | -0.455671 |
| Fullday Price | 29.7538 |
| Fund Family | AltShares |
| Fund Inception Date | 1,588,809,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund seeks to track the performance of the index, which is designed to reflect a global merger arbitrage strategy. Under normal market conditions, it will invest at least 80% of its net assets (including borrowings for investment purposes) in the constituents of the index and in financial instruments with economic characteristics similar to such constituents such as swaps on such constituents. The fund is non-diversified. |
| Long Name | AltShares Merger Arbitrage ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_649793617 |
| Nav Price | 29.8 |
| Net Assets | 101,939,680.0 |
| Net Expense Ratio | 0.76 |
| Open | 30.12 |
| Phone | 800-560-8210 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 29.7538 |
| Post Market Time | 1,787,959,806 |
| Previous Close | 29.89 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.1362 |
| Regular Market Change Percent | -0.455671 |
| Regular Market Day High | 29.81 |
| Regular Market Day Low | 29.75 |
| Regular Market Day Range | 29.75 - 29.81 |
| Regular Market Open | 30.12 |
| Regular Market Previous Close | 29.89 |
| Regular Market Price | 29.7538 |
| Regular Market Time | 1,787,944,534 |
| Regular Market Volume | 5,026 |
| Short Name | AltShares Merger Arbitrage ETF |
| Source Interval | 15 |
| Symbol | ARB |
| Three Year Average Return | 0.054067403 |
| Total Assets | 101,939,680 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.44113 |
| Trailing Three Month Returns | 0.44113 |
| Triggerable | 1 |
| Two Hundred Day Average | 29.353275 |
| Two Hundred Day Average Change | 0.40052414 |
| Two Hundred Day Average Change Percent | 0.013644956 |
| Type Disp | ETF |
| Volume | 5,026 |
| Yield | 0.0042 |
| Ytd Return | 2.24525 |