ETF profile for Tappalpha S&P 500 Growth & Daily Income ETF (TSPY) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
TSPY ETF Profile
| Family: |
TappAlpha |
| Name: |
TappAlpha S&P 500 Growth & Daily Income ETF |
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| Inception Date: |
14-Aug-2024 |
| Termination Date: |
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| Investment Objective: |
TappAlpha S&P 500 Growth & Daily Income ETF (the "Fund") seeks current income while maintaining prospects for capital appreciation. The Fund's secondary investment objective is to seek exposure to the performance of the S&P 500 Index. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objectives through the use of a call option strategy that combines a long position in one or more exchange-traded funds ("ETFs") that provide exposure to the S&P 500 Index (such as SPDR S&P 500 ETF Trust ("SPY") and/or Vanguard S&P 500 ETF ("VOO")), with short positions in certain call options. The strategy is a daily covered call option strategy that sells "out of the money" call options with zero days to expiration each day, known as a "daily call". Daily call options having zero days to expiration are also known as "0DTE" options. In general, an option is a contract that gives the purchaser of the option, in return for a premium, the right to buy from the seller (writer) of the option the security underlying the option at a specified exercise price (the "strike price") at a specified expiration date. |
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| Prospectus |
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| Top 10 Holdings |
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| Apple Inc |
AAPL |
7.6600% |
| NVIDIA Corp |
NVDA |
7.5500% |
| Microsoft Corp |
MSFT |
5.9000% |
| Amazon.com Inc |
AMZN |
3.5900% |
| Alphabet Inc |
GOOGL |
2.5000% |
| Broadcom Inc |
AVGO |
2.3600% |
| Meta Platforms Inc |
META |
2.0600% |
| Alphabet Inc |
GOOG |
2.0100% |
| Eli Lilly & Co |
LLY |
1.7300% |
| Tesla Inc |
TSLA |
1.7200% |
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Top 10 Holdings Weight: |
37.1% |
| Number of Holdings: |
503 |
| Shares Outstanding: |
16,010,000 |
| Total Net Assets: |
398,969,216 |
| NAV: |
24.90 |
| Net Expense Ratio: |
0.77% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Covered Call Strategy |
| 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: |
Large Cap |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |