No headlines found.
No press releases found.
No news found.
The Fund's investment objective is to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust up to a predetermined upside cap while providing a downside buffer against the first 12% (before fees and expenses) of the SPDR S&P 500 ETF Trust's losses over the one year Target Outcome Period. In seeking to achieve this investment objective, the Fund's upside cap over the period March 1, 2024 through February 28, 2025 is 15.81%. Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to equity securities issued by large-capitalization U.S. companies. The Fund is an actively managed exchange-traded fund ("ETF"). The Fund will invest substantially all of its assets in customized equity or index option contracts known as FLexible EXchange Options ("FLEX Options") on the SPDR S&P 500 ETF Trust (the "Underlying ETF").
Pgim US Large-Cap Buffer 12 ETF - March trades on the BATS stock market under the symbol MRCP.
As of February 28, 2025, MRCP stock price climbed to $28.87 with 37,041 million shares trading.
MRCP has a market cap of $6.64 million. This is considered a Sub-Micro Cap stock.
MRCP support price is $28.47 and resistance is $28.62 (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 MRCP shares will trade within this expected range on the day.