ETF profile for Spac And New Issue ETF (SPCK) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
SPCK ETF Profile
| Family: |
Tuttle Tactical Management |
| Name: |
The SPAC and New Issue ETF |
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| Inception Date: |
16-Dec-2020 |
| Termination Date: |
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| Investment Objective: |
The Fund is an actively managed ETF & will 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 IPO within the last two years. A SPAC is blank check company that has not yet merged with an operating company or even chosen a merger target. SPACs are formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. SPACs often have pre-determined time frames to merge (typically two years) or the SPAC will liquidate. A SPAC generally offers units, each comprised of one share of common stock and a warrant (or portion of a warrant) to purchase common stock. A warrant is a security that allows its holder to purchase a specified amount of common stock at a specified price for a specified time. The Fund may seek to sell warrants that it receives in connection with the purchase of a SPAC s units in order to generate additional returns for shareholders. The Fund may purchase units or shares of SPACs that completed an IPO within the last two years on a secondary market or during a SPACs IPO. |
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| Prospectus |
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| Top 10 Holdings |
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| CASH AND CASH EQUIVALENTS |
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5.0837% |
| Cohen Circle Acquisition Corp |
CCII |
4.9247% |
| FG Imperii Acquisition Corp |
FGII |
4.4450% |
| CANTOR EQUITY PARTNERS VI |
CEPS |
4.1438% |
| BERTO ACQUISITION CORP |
TACO |
4.0491% |
| Twelve Seas Investment Co III |
TWLV |
3.6182% |
| Collective Acquisition Corp II |
CAIIU |
3.4464% |
| PRAETORIAN ACQUISITION CO |
PTORU |
3.4090% |
| Tribeca Strategic Acquisition |
BIDWU |
3.3954% |
| ART TECHNOLOGY ACQUISITIO |
ARTCU |
3.3954% |
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Top 10 Holdings Weight: |
39.9% |
| Number of Holdings: |
48 |
| Shares Outstanding: |
375,000 |
| Total Net Assets: |
8,152,238 |
| NAV: |
21.08 |
| Net Expense Ratio: |
2.32% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Broad Market / Multi-Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
