Summary
- Previous Close
- $20.81
- Open
- $20.71
- Day's Range
- $20.13 – $22.89
- 52 Week Range
- $19.75 – $22.89
- Volume
- 3,704
- Avg. Volume
- 19,929
- Market Cap
- $39.81M
- Beta (5Y Monthly)
- 0.04
- PE Ratio (TTM)
- --
- EPS (TTM)
- --
- Earnings Date
- --
- Forward Dividend & Yield
- $2.32 (10.99%)
- Ex-Dividend Date
- Sep 24, 2026
- 1y Target Est
- --
Profile: First Trust Merger Arbitrage ETF
- Sector
- Financial Services
- Industry
- Asset Management
- Full-time employees
- --
- CEO
- Guilherme de Salles Goncalves
The First Trust Merger Arbitrage ETF's investment objective is to seek 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.