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), Intel Corp (NASDAQ:INTC), Boeing Company (NYSE:BA), 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 41.45B. The market cap for tickers in the group ranges from 41.29M to 461.22B. XOM holds the highest valuation in this group at 461.22B. The lowest valued company is LVTX at 41.29M.

The average weekly price growth across all stocks in the AltShares Event-Driven ETF ETF was -0%. For the same ETF, the average monthly price growth was 0%, and the average quarterly price growth was 9%. BE experienced the highest price growth at 61%, while PACB experienced the biggest fall at -31%.

The average weekly volume growth across all stocks in the AltShares Event-Driven ETF ETF was 4%. For the same stocks of the ETF, the average monthly volume growth was 122% and the average quarterly volume growth was 126%