FYI: Merger and acquisition deals are at fever pitch this year. This week alone, we saw three big deals announced: Raytheon (RTN) to merge with United Technologies (UTX); Salesforce (CRM) to buy Tableau Software (DATA); and Merck (MRK) to buy Tilos Therapeutics.
An ETF investor or trader can access these deals—playing them somehow—in two easy ways. The first is by looking into merger arbitrage ETFs such as the IQ Merger Arbitrage ETF (MNA).
MNA is a portfolio that owns the targets of acquisitions. The idea behind this strategy is to capitalize on stock price gains of acquired firms.
Regards,
Ted
https://www.etf.com/sections/features-and-news/how-access-ma-deals-etfs?nopaging=1M* Snapshot NMA:
https://www.morningstar.com/etfs/ARCX/MNA/quote.html