De-SPAC ETF (DSPC)
|Ex-Dividend Date||Jun 22, 2021|
|Day's Range||23.19 - 23.48|
|Inception Date||May 19, 2021|
The investment seeks to provide investment results that correspond, before fees and expenses, to the price and yield performance of the De-SPAC Index (the "index"). The adviser attempts to replicate the index by investing all, or substantially all (no less than 80%), of its net assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The index is comprised of twenty-five of the largest companies, based on market capitalization, that have completed a business combination transaction with a Special Purpose Acquisition Company ("SPAC") within one year of the index's screening date.
Top 10 Holdings42.90% of assets
|E2open Parent Holdings||ETWO||4.04%|
|Jun 22, 2021||$0.0217||Jun 24, 2021|
Photo by Minkus on Unsplash The recent rise of 3D printing has received a lot of well-deserved buzz and is generating strong investor interest.
The winning spree of SPACs that we noticed in 2020 has faltered this year. Apart from the regulatory body's apprehensions, SPACs have tumbled this year on rising rate concerns.
Two new SPAC ETFs launched on Wednesday that offer investors both long and short exposure to companies that have de-SPAC'd and completed mergers. The New SPACs: The De-SPAC ETF (NYSE: DSPC) and The Shor...
On Wednesday, the De-SPAC ETF (NYSE: DSPC) and the Short De-SPAC ETF (NYSE: SOGU) began trading on the New York Stock Exchange. They are the first ETFs to offer pure-play exposure to a basket of de-SPAC...