MRGR Stock Fund Price and Chart — CBOE:MRGR

Overview

Analysis Holdings Discussions Technicals Seasonals

MRGR chart

Key stats

About ProShares Merger ETF

MRGR employs a straightforward merger arbitrage strategy, which capitalize on the spread between the target companys current market stock price and the merger deal price. The fund tracks an S&P index that bets on the performance of stocks from developed countries that are in active pending merger deals based on a risk arbitrage strategy. Up to 40 target companies represents the long positions in the index, and up to 40 acquiring companies for the same merger deals represents short positions. MRGR gets additional long exposure, and all of its short exposure, with swaps. The funds long and short position have an initial 120% maximum exposure each, but its net exposure is limited to 0-100% range. Treasury bill components constitutes the remainder of the portfolio when net exposure is less than 100%. The fund hedges out its exposure relative to the US dollar.

Classification

MRGR analysis

What's in the fund

Exposure type

Cash

Stocks52.71%

Finance8.92%

Consumer Services5.78%

Electronic Technology5.63%

Retail Trade5.49%

Commercial Services4.38%

Energy Minerals2.94%

Producer Manufacturing2.91%

Health Technology2.84%

Process Industries2.84%

Technology Services2.82%

Consumer Non-Durables2.81%

Utilities2.71%

Communications2.66%

Bonds, Cash & Other47.29%

Cash47.29%

Top 10 holdings

Technicals

Summarizing what the indicators are suggesting.

Oscillators

Neutral

SellBuy

Strong sellStrong buy