EVNT stock forecast, quote, news & analysis

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), Walt Disney Company (The) (NYSE:DIS), Boeing Company (NYSE:BA), Intel Corp (NASDAQ:INTC), Schlumberger Limited (NYSE:SLB), Pioneer Natural Resource Co (null:PXD), Hess Corp (NYSE:HES), Pinterest (NYSE:PINS), Juniper Networks (NYSE:JNPR).

The investment seeks to achieve capital appreciation over a full market cycle with lower volatility than the broad equity market. To pursue the fund's investment objective, the adviser employs a "long/short" event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the "adviser") believes are or will be impacted by a publicly announced or anticipated corporate event. The adviser will hold a higher percentage of the fund's assets in long positions. The fund is non-diversified.

The average market capitalization across the AltShares Event-Driven ETF ETF is 44.55B. The market cap for tickers in the group ranges from 33.41M to 461.22B. XOM holds the highest valuation in this group at 461.22B. The lowest valued company is LVTX at 33.41M.

The average weekly price growth across all stocks in the AltShares Event-Driven ETF ETF was 9%. For the same ETF, the average monthly price growth was 17%, and the average quarterly price growth was 84%. PVH experienced the highest price growth at 16%, while APPS experienced the biggest fall at -10%.

The average weekly volume growth across all stocks in the AltShares Event-Driven ETF ETF was 18%. For the same stocks of the ETF, the average monthly volume growth was -26% and the average quarterly volume growth was 8%