No headlines found.
No press releases found.
No news found.
The Fund seeks to provide investment results that correspond, before fees and expenses, to the performance of the Water Island Merger Arbitrage USD Hedged Index. The Index is designed to reflect a pure-play, global merger arbitrage strategy investing in definitive, publicly announced mergers and acquisitions.
Altshares Merger Arbitrage ETF trades on the ARCA stock market under the symbol ARB.
As of April 20, 2026, ARB stock price declined to $29.44 with 2,704 million shares trading.
ARB has a beta of 0.02, meaning it tends to be less sensitive to market movements. ARB has a correlation of 0.02 to the broad based SPY ETF.
ARB has a market cap of $105.51 million. This is considered a Micro Cap stock.
In the last 3 years, ARB traded as high as $30.26 and as low as $24.64.
ARB has underperformed the market in the last year with a price return of +4.9% while the SPY ETF gained +36.0%. ARB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.3% and +0.4%, respectively, while the SPY returned +2.7% and +8.1%, respectively.
ARB support price is $29.32 and resistance is $29.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARB shares will trade within this expected range on the day.
