Harbour Investments Inc. Has $191,000 Holdings in First Trust Merger Arbitrage ETF (NYSEARCA:MARB)

Harbour Investments Inc. lessened its holdings in First Trust Merger Arbitrage ETF (NYSEARCA:MARB) by 38.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,632 shares of the company’s stock after selling 5,931 shares during the period. Harbour Investments Inc.’s holdings in First Trust Merger Arbitrage ETF were worth $191,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Midwest Financial Group LLC raised its stake in First Trust Merger Arbitrage ETF by 1.4% in the 4th quarter. Midwest Financial Group LLC now owns 66,606 shares of the company’s stock valued at $1,324,000 after acquiring an additional 934 shares during the period. BCGM Wealth Management LLC raised its stake in First Trust Merger Arbitrage ETF by 3.1% in the 4th quarter. BCGM Wealth Management LLC now owns 59,543 shares of the company’s stock valued at $1,184,000 after acquiring an additional 1,802 shares during the period. Clear Harbor Asset Management LLC raised its stake in First Trust Merger Arbitrage ETF by 7.9% in the 4th quarter. Clear Harbor Asset Management LLC now owns 40,994 shares of the company’s stock valued at $815,000 after acquiring an additional 3,000 shares during the period. Assetmark Inc. raised its stake in First Trust Merger Arbitrage ETF by 18.4% in the 4th quarter. Assetmark Inc. now owns 45,723 shares of the company’s stock valued at $909,000 after acquiring an additional 7,090 shares during the period. Finally, Jane Street Group LLC raised its stake in First Trust Merger Arbitrage ETF by 112.7% in the 3rd quarter. Jane Street Group LLC now owns 42,105 shares of the company’s stock valued at $833,000 after acquiring an additional 22,307 shares during the period.

First Trust Merger Arbitrage ETF Trading Down 0.1 %

MARB opened at $19.90 on Friday. First Trust Merger Arbitrage ETF has a 1-year low of $19.07 and a 1-year high of $20.68. The stock’s fifty day simple moving average is $19.90 and its 200 day simple moving average is $19.85. The stock has a market cap of $28.86 million, a PE ratio of 18.60 and a beta of 0.08.

First Trust Merger Arbitrage ETF Profile

The First Trust Vivaldi Merger Arbitrage ETF (MARB) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively-managed global fund that uses a merger arbitrage strategy to long takeover target and short the acquiring company. MARB was launched on Feb 4, 2020 and is managed by First Trust.