Defiance Next Gen SPAC Derived ETF (SPAK)
|Ex-Dividend Date||Dec 29, 2021|
|Day's Range||14.68 - 14.68|
|Inception Date||Sep 30, 2020|
The index tracks the performance of the U.S.-listed common stock of Special Purpose Acquisitions Corporations ("SPACs") and companies derived from SPACs. SPACs are companies with no commercial operations that are established solely to raise capital from investors for the purpose of acquiring one or more operating businesses. The fund invests at least 80% of its net assets in SPACs and SPAC-derived companies. The fund is non-diversified.
Top 10 Holdings20.97% of assets
|Blue Owl Capital||OWL||1.50%|
|KKR Acquisition Holdings I||KAHC||1.34%|
|Churchill Capital VII||CVII||1.33%|
|Austerlitz Acquisition II||ASZ||1.33%|
|Dec 29, 2021||$0.04699||Dec 31, 2021|
The global market for initial public offerings was off to a great start this year and is still running hot. 2021 is on its way to become the record year for IPOs.
ETF Edge, July 12, 2021
CNBC's Bob Pisani tracks the latest headlines in exchange-traded funds with WisdomTree's Jeremy Schwartz, WallachBeth Capital's Andrew McOrmond and Morgan Creek Capital Management's Mark Yusko.
The U.S. IPO market set another milestone in the second quarter with 113 IPOs raising $39.9 billion, marking the busiest quarter in over two decades.
Most investors out there are now choosing to forget entirely about the SPAC market, and are writing off SPAC stocks as “dead money.” To be frank, those investors are suckers.
SPACs generally are early-stage, sometimes pre-revenue companies. That alone supports a basket approach provided by these SPAC ETFs.
Tuttle Tactical Management recently filed for an inverse ETF on SPACs.
Special purpose acquisition companies (SPACs) have been around for about three decades, but seriously came into bloom in 2020. Still, stock picking among individual blank-check firms is difficult.
NEW YORK, Feb. 11, 2021 /PRNewswire/ -- The First Ever SPAC ETF ($SPAK) Surpasses $100M in AUM. Defiance, a FinTech asset manager focused on the next generation of investors, announced today that the Fi...
As SPACs start to captivate Redditors and other day traders, investors should consider these three SPAC ETFs to profit from the leading trend. The post SPXZ, SPAK, SPCX: 3 SPAC ETFs Taking Part in Wall ...
Unpacking the newest SPAC ETF with the man behind its launch
Mark Yusko, CEO, chief investment officer and founder of Morgan Creek Capital Management, discusses his firm's latest SPAC ETF. With Morningstar's Ben Johnson and CNBC's Bob Pisani.
Behind the new actively-managed SPAC ETF launch
CNBC's Bob Pisani talks with Mark Yusko of Morgan Creek Capital Management about the new SPAC ETF, SPXZ.