Jane Street Group LLC Buys 9,034 Shares of ProShares Merger ETF (BATS:MRGR)

Jane Street Group LLC lifted its stake in shares of ProShares Merger ETF (BATS:MRGR) by 79.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 20,425 shares of the company’s stock after acquiring an additional 9,034 shares during the period. Jane Street Group LLC owned approximately 8.17% of ProShares Merger ETF worth $854,000 as of its most recent SEC filing.

ProShares Merger ETF Price Performance

MRGR opened at $41.00 on Thursday. ProShares Merger ETF has a 1 year low of $35.06 and a 1 year high of $36.45. The stock’s 50 day simple moving average is $41.88 and its 200 day simple moving average is $41.45. The firm has a market cap of $10.25 million, a price-to-earnings ratio of 17.64 and a beta of 0.05.

ProShares Merger ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.1529 per share. The ex-dividend date was Monday, December 23rd.

ProShares Merger ETF Company Profile

The ProShares Merger ETF (MRGR) is an exchange-traded fund that is based on the S&P Merger Arbitrage index. The fund tracks an index of developed-market equities involved in merger deals, with long exposure to target firms and short exposure to acquiring firms. The fund is net long and hedges FX risk.