ProShares Merger ETF (MRGR) To Go Ex-Dividend on December 23rd

ProShares Merger ETF (BATS:MRGR) declared a dividend on Friday, December 20th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.1529 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Monday, December 23rd.

ProShares Merger ETF Stock Performance

ProShares Merger ETF stock traded up $0.27 during mid-day trading on Friday, reaching $42.11. The stock had a trading volume of 25,400 shares. ProShares Merger ETF has a fifty-two week low of $35.06 and a fifty-two week high of $36.45. The stock’s 50-day simple moving average is $42.03 and its 200-day simple moving average is $41.38. The firm has a market capitalization of $10.53 million, a PE ratio of 17.64 and a beta of 0.05.

About ProShares Merger ETF

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.