Morgan Creek-exos SPAC Originated ETF (SPXZ)
|Day's Range||17.34 - 17.50|
|Inception Date||Jan 20, 2021|
The investment seeks capital appreciation. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in U.S.-listed special purpose acquisition companies (SPACs) and in companies that have merged with or been acquired by a SPAC. A SPAC is a blank check company with no commercial operations that is designed to raise capital via an initial public offering (IPO) for the purpose of engaging in a merger, acquisition, reorganization, or similar business combination (a Combination) with one or more operating companies. The fund is non-diversified.
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.
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