MARB stock forecast, quote, news & analysis

The most notable companies in this group are Pioneer Natural Resource Co (null:PXD), Hess Corp (NYSE:HES), Discover Financial Services (NYSE:DFS), Juniper Networks (NYSE:JNPR), United States Steel Corp (NYSE:X), Capri Holdings Limited (NYSE:CPRI).

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts ("ADRs"). The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

The average market capitalization across the First Trust Merger Arbitrage ETF ETF is 15.1B. The market cap for tickers in the group ranges from 783.15M to 61.67B. PXD holds the highest valuation in this group at 61.67B. The lowest valued company is LBAI at 783.15M.

The average weekly price growth across all stocks in the First Trust Merger Arbitrage ETF ETF was -1%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was 1%. HES experienced the highest price growth at 2%, while X experienced the biggest fall at -13%.

The average weekly volume growth across all stocks in the First Trust Merger Arbitrage ETF ETF was 40%. For the same stocks of the ETF, the average monthly volume growth was 212% and the average quarterly volume growth was 157%