SPCX - SPAC and New Issue ETF
| Assets | $136.90M |
| NAV | $28.82 |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Beta (5Y) | 1.70 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | - |
| Trading Day | April 19 |
| Last Price | $28.75 |
| Previous Close | $28.72 |
| Change ($) | 0.03 |
| Change (%) | 0.10% |
| Day's Open | 28.65 |
| Day's Range | 28.63 - 28.78 |
| Day's Volume | 94,234 |
| 52-Week Range | 25.05 - 32.91 |
Fund Description
The investment seeks to provide total return. In pursuing the fund's investment objective, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Corporations (SPACs) that have a minimum capitalization of $100 million and companies that completed an initial public offering (IPO) within the last two years. It may also invest in depositary receipts for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities.
| Asset Class Equity | Inception Date Dec 16, 2020 |
| Exchange NYSEARCA | Ticker Symbol SPCX |
Top 10 Holdings
28.58% of assets| Name | Symbol | Weight |
|---|---|---|
| CC Neuberger Principal Holdings II | PRPB | 4.32% |
| Starboard Value Acquisition | SVAC | 3.76% |
| Apollo Strategic Growth Capital | APSG | 3.44% |
| Accelerate Acquisition Corp Units (1 Ord Share Class A & 1/3 War) | AAQC.U | 3.32% |
| Cohn Robbins Holdings | CRHC | 3.08% |
| E.merge Technology Acquisition | ETAC | 2.37% |
| Avanti Acquisition | AVAN | 2.18% |
| CITIC Capital Acquisition | CCAC | 2.16% |
| Silver Spike Acquisition Corp II Units (1 Ord Share Class A & 1/4 War) | SPKBU | 2.00% |
| Kismet Acquisition One | KSMT | 1.96% |
Special purpose acquisition companies (SPACs) have recently encountered some rough spots. Investors may want to stay flexible in the space with active management and the SPAC and New Issue ETF (SPCX).
These 7 SPACs could come under further pressure The post 7 Overheated SPACs That Have Gotten Ahead of Themselves appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G ...
Special purpose acquisition companies (SPACs) are all the rage on Wall Street. It's an asset class retail investors are widely embracing too.
What's better than getting in on the ground floor of the hottest companies? Getting in on the ground floor of multiple.
SPACs were hot. Things then cooled off, but they may be ramping up again with so many special purpose acquisition companies coming to market.
SPACs generally are early-stage, sometimes pre-revenue companies. That alone supports a basket approach provided by these SPAC ETFs.
Investors should tread carefully when it comes to one of the frothiest parts of the market.
Tuttle Tactical Management recently filed for an inverse ETF on SPACs.
So many special purpose acquisition companies (SPACs), so little time. Active management could be the way to go with blank-check companies.
With more and more special purpose acquisition companies (SPACs) coming to market, the growing asset class can be a minefield for individual investors to navigate. Enter an actively managed fund in the ...
ETF Trends CEO Tom Lydon discussed the SPAC and New Issue ETF (SPCX) on this week's “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. SPCX is an actively-managed fund that aims to provid...
2020 was a lightning rod for financial innovation as a flurry of firms came to market through blank-check structures known as Special Purpose Acquisition Companies (SPACs). In fact, SPACs represented 50...
Choose your flavor of SPAC access: index-based, SPAC-only active or active equal weight.
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 ...
Special purpose acquisition companies (SPACs) remain all the rage on Wall Street, and that theme is trickling down to the world of exchange traded funds. There are now three SPAC ETFs on the market, all...
These ETFs provide diversified exposure to SPACs
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.
NEW YORK, Jan. 6, 2021 /PRNewswire/ -- The SPAC and New Issue ETF (NYSE: SPCX) announced that it has eclipsed $25 million in assets under management (AUM) over the course of thirteen trading days. SPCX ...
A new actively managed SPAC ETF from Tuttle Tactical Management launched on Wednesday. The SPAC ETF: Tuttle launched the SPAC and New Issue ETF (NYSE: SPCX).
The rapid growth in special purpose acquisition companies this year notched another milestone Wednesday when the second exchange traded fund dedicated to the asset class came to market. What Happened: T...
NEW YORK--(BUSINESS WIRE)--Citi has expanded its ETF Fund Services franchise with its support of the first actively managed Special Purpose Acquisition Company (SPAC) ETF from Tuttle Tactical Management...
On Wednesday, Tuttle Tactical Management (TTM), an experienced industry leader in Trend Aggregation, launched the SPAC and New Issue ETF (NYSE: SPCX), which is now available for trading on the NYSE. SPC...