Assetmark Inc. Buys Shares of 1,959 AltShares Merger Arbitrage ETF (NYSEARCA:ARB)

Assetmark Inc. bought a new stake in shares of AltShares Merger Arbitrage ETF (NYSEARCA:ARBGet Rating) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 1,959 shares of the company’s stock, valued at approximately $52,000.

Several other hedge funds have also recently added to or reduced their stakes in ARB. Nwam LLC grew its holdings in shares of AltShares Merger Arbitrage ETF by 47.7% during the second quarter. Nwam LLC now owns 15,757 shares of the company’s stock worth $411,000 after buying an additional 5,088 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of AltShares Merger Arbitrage ETF during the second quarter worth about $225,000. Cetera Investment Advisers purchased a new stake in shares of AltShares Merger Arbitrage ETF during the first quarter worth about $414,000. Columbus Macro LLC purchased a new stake in shares of AltShares Merger Arbitrage ETF during the third quarter worth about $576,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of AltShares Merger Arbitrage ETF during the first quarter worth about $1,766,000.

AltShares Merger Arbitrage ETF Trading Up 0.2 %

Shares of NYSEARCA ARB opened at $25.72 on Monday. AltShares Merger Arbitrage ETF has a 12 month low of $24.59 and a 12 month high of $27.80. The company has a 50-day simple moving average of $26.18 and a 200-day simple moving average of $26.57.

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Institutional Ownership by Quarter for AltShares Merger Arbitrage ETF (NYSEARCA:ARB)

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