Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX)

NYSEARCA: SPAX · IEX Real-Time Price · USD
20.37
-0.06 (-0.27%)
May 20, 2022 4:00 PM EDT - Market closed
Assets$23.01M
NAV$20.45
Expense Ratio0.50%
PE Ration/a
Shares Out1.13M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend Daten/a
1-Year Return+1.32%
Volume5,283
Open20.36
Previous Close20.42
Day's Range20.34 - 20.42
52-Week Low19.82
52-Week High22.40
Beta0.21
Holdings212
Inception DateJun 22, 2021

About SPAX

The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, specifically units and shares of common stock and warrants, of U.S.-listed Special Purpose Acquisition Companies ("SPACs"). A SPAC is publicly traded and is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more other operating companies. The fund is non-diversified.

Asset ClassEquity
RegionNorth America
IssuerRoundhill Investments
Stock ExchangeNYSEARCA
Ticker SymbolSPAX

Top 10 Holdings

13.83% of assets
NameSymbolWeight
FinTech Evolution Acquisition GroupFTEV1.59%
CF Acquisition VIICFFS1.45%
Investcorp India Acquisition Corp Units (1 Ord Class A & 1/2 War)IVCAU1.39%
FG MergerFGMC1.39%
Aurora Technology AcquisitionATAK1.37%
Western Acquisition VenturesWAVS1.37%
Redwoods AcquisitionRWOD1.36%
Tristar Acquisition ITRIS1.31%
Liberty Resources AcquisitionLIBY1.30%
KnightSwan AcquisitionKNSW1.29%
View More Holdings

News

As the SPAC Market Matures, Consider This Active ETF

Special purpose acquisition companies (SPACs) aren't going anywhere. On the contrary, initial public offerings (IPOs) in the space have already surpassed last year's tally and the pace of deal-making re...

9 months ago - ETF Trends

In the Downright Dizzying World of SPACs, Consider This New ETF Take

Amid a recent flurry of initial public offerings (IPOs), special purpose acquisition companies (SPACs) may be back in style again. Sort of. In the first half of the year, blank-check firms endured a coo...

10 months ago - ETF Trends

2nd Pre-Merger SPAC ETF Launches

It's the first ETF product for fixed income group Robinson Capital.

Other symbols:SPAKSPCXSPXZ
10 months ago - ETFcom

Robinson Capital Management Launches First Pre-Merger SPAC ETF, ‘SPAX'

On Wednesday, Robinson Capital Management, LLC, an independent investment advisor specializing in alternative fixed income strategies, announced the launch of the Robinson Alternative Yield Pre-Merger S...

11 months ago - ETF Trends