# First Trust Merger Arbitrage ETF

First Trust Merger Arbitrage ETF is a ETF series of First Trust Exchange-Traded Fund III (series S000067481). Net assets $25.0M as of 2026-04-30.

## Profile

- Series ID: S000067481
- Registrant: First Trust Exchange-Traded Fund III
- LEI: 549300X8SYNEGGE8J693
- Net assets: $25.0M
- Total assets: $25.1M
- As of: 2026-04-30
- Type: ETF

## Advisers

- [First Trust Advisors L.P. (Advisor)](https://search.stillhousedata.com/firm/107027)
- [First Trust Capital Management L.P. (Subadvisor)](https://search.stillhousedata.com/firm/317825)

## Top holdings (25 reported)

_Showing 15 of 25 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS](https://search.stillhousedata.com/security/262006208) | — | $12.5M | 5007.24% |
| [ELECTRONIC ARTS INC](https://search.stillhousedata.com/security/285512109) | — | $1.1M | 421.50% |
| [SELECT MEDICAL HOLDINGS CORP](https://search.stillhousedata.com/security/81619Q105) | — | $1.0M | 401.22% |
| [MASIMO CORP](https://search.stillhousedata.com/security/574795100) | — | $953K | 380.47% |
| [TALKSPACE INC](https://search.stillhousedata.com/security/87427V103) | — | $944K | 376.95% |
| [PEAKSTONE REALTY TRUST](https://search.stillhousedata.com/security/39818P799) | — | $943K | 376.69% |
| [CSG SYSTEMS INTERNATIONAL INC](https://search.stillhousedata.com/security/126349109) | — | $914K | 365.11% |
| [BRIGHTHOUSE FINANCIAL INC](https://search.stillhousedata.com/security/10922N103) | — | $892K | 356.29% |
| [CLEARWATER ANALYTICS HOLDINGS INC](https://search.stillhousedata.com/security/185123106) | — | $850K | 339.29% |
| [CLEAR CHANNEL OUTDOOR HOLDINGS INC](https://search.stillhousedata.com/security/18453H106) | — | $825K | 329.34% |
| [VERIS RESIDENTIAL INC](https://search.stillhousedata.com/security/554489104) | — | $824K | 329.04% |
| [ENHABIT INC](https://search.stillhousedata.com/security/29332G102) | — | $768K | 306.72% |
| [TRI POINTE HOMES INC](https://search.stillhousedata.com/security/87265H109) | — | $711K | 283.80% |
| [KENNEDY-WILSON HOLDINGS INC](https://search.stillhousedata.com/security/489398107) | — | $704K | 281.19% |
| [DIGITALBRIDGE GROUP INC](https://search.stillhousedata.com/security/25401T603) | — | $592K | 236.58% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-04-30 | $25.0M |
| 2026-01-31 | $39.3M |
| 2025-10-31 | $34.7M |
| 2025-07-31 | $34.2M |
| 2025-04-30 | $34.1M |
| 2025-01-31 | $28.8M |
| 2024-10-31 | $27.6M |
| 2024-07-31 | $31.0M |

## More

- [Registrant: First Trust Exchange-Traded Fund III](https://search.stillhousedata.com/registrant/1424212)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000067481.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.