First Trust Merger Arbitrage ETF (MARB) Price, Holdings, & News

ETF Overview

The First Trust Vivaldi Merger Arbitrage ETF (MARB) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively-managed global fund that uses a merger arbitrage strategy to long takeover target and short the acquiring company. MARB was launched on Feb 4, 2020 and is managed by First Trust.

Key Stats

• Today's Range: $20.28 to $20.33
• 50-Day Range: $19.86 to $20.36
• 52-Week Range: $19.07 to $20.68
• Volume: 5,436 shs
• Average Volume: 11,229 shs
• Market Capitalization: $33.51 million
• Assets Under Management: $33.54 million
• Dividend Yield: 2.07%
• Net Expense Ratio: 1.74%
• Aggregate Rating: Hold

MARB ETF - Frequently Asked Questions

How have MARB shares performed this year?

First Trust Merger Arbitrage ETF's stock was trading at $19.88 on January 1st, 2025. Since then, MARB shares have increased by 2.2% and is now trading at $20.31.
View the best growth stocks for 2025 here.

Who are First Trust Merger Arbitrage ETF's major shareholders?

Top institutional shareholders of First Trust Merger Arbitrage ETF include LPL Financial LLC (13.20%), Coppell Advisory Solutions LLC (4.76%), Assetmark Inc. (4.73%) and Frederick Financial Consultants LLC (4.20%).

How do I buy shares of First Trust Merger Arbitrage ETF?

Shares of MARB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Merger Arbitrage ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:MARB
• Inception Date: 2/4/2020
• Fund Manager: Michael Peck, Scott Hergott, Brian Murphy, Jeff O'Brien, Daiel Lancz, Michael Grayson
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Theme
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 32

Fund Statistics

• Assets Under Management: $33.54 million
• Average Daily Volume: $0.00
• Discount/Premium: -0.02%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Wolverine Trading

Options

• Optionable: N/A
• Short Interest: 100 shs

Miscellaneous

• Outstanding Shares: 1,650,000
• Beta: 0.04
• Creation Unit: 50,000
• Creation Fee: $250.00