ProShares Merger ETF (BATS:MRGR) Shares Acquired by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC increased its stake in ProShares Merger ETF (BATS:MRGRFree Report) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,477 shares of the company’s stock after acquiring an additional 1,352 shares during the period. Exencial Wealth Advisors LLC owned approximately 9.79% of ProShares Merger ETF worth $1,004,000 as of its most recent SEC filing.

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

ProShares Merger ETF Stock Up 0.9 %

Shares of MRGR stock opened at $42.02 on Thursday. The stock 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 has a fifty-two week low of $35.06 and a fifty-two week high of $36.45. The firm’s 50 day moving average price is $41.56 and its two-hundred day moving average price is $41.78.

ProShares Merger ETF Announces Dividend

The company also recently announced 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.

About ProShares Merger ETF

(Free Report)

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.

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