ProShares Merger ETF $MRGR Shares Purchased by Syntegra Private Wealth Group LLC

Syntegra Private Wealth Group LLC boosted its holdings in ProShares Merger ETF (BATS:MRGR) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,016 shares of the company’s stock after acquiring an additional 1,226 shares during the quarter. Syntegra Private Wealth Group LLC owned about 8.81% of ProShares Merger ETF worth $924,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in MRGR. Geneos Wealth Management Inc. acquired a new position in shares of ProShares Merger ETF in the 1st quarter worth approximately $218,000. Jane Street Group LLC boosted its holdings in ProShares Merger ETF by 56.8% during the first quarter. Jane Street Group LLC now owns 12,048 shares of the company’s stock worth $503,000 after buying an additional 4,362 shares in the last quarter. Royal Bank of Canada grew its position in ProShares Merger ETF by 84.2% in the first quarter. Royal Bank of Canada now owns 6,751 shares of the company’s stock worth $282,000 after buying an additional 3,086 shares during the last quarter. Ethos Financial Group LLC acquired a new position in ProShares Merger ETF in the first quarter worth approximately $358,000. Finally, Exencial Wealth Advisors LLC increased its holdings in shares of ProShares Merger ETF by 4.6% in the first quarter. Exencial Wealth Advisors LLC now owns 25,607 shares of the company’s stock valued at $1,069,000 after buying an additional 1,130 shares in the last quarter.

ProShares Merger ETF Stock Performance

Shares of BATS:MRGR opened at $44.53 on Tuesday. The company has a market capitalization of $11.13 million, a PE ratio of 24.24 and a beta of 0.04. The stock has a fifty day moving average of $43.16 and a 200-day moving average of $42.38. ProShares Merger ETF has a one year low of $40.57 and a one year high of $45.62.

About ProShares Merger ETF

The ProShares Merger ETF (MRGR) is an exchange-traded fund that is based on the S&P Merger Arbitrage index. The fund tracks an index of developed-market equities involved in merger deals, with long exposure to target firms and short exposure to acquiring firms. The fund is net long and hedges FX risk.