SPC 21.70 Stock Price CrossingBridge Pre-Merger SPAC ETF
Range: | 21.1-21.98 | Vol Avg: | 12161 | Last Div: | 1.11 | Changes: | -0.05 |
Beta: | 0.02 | Cap: | 0.07B | Currency: | USD | Exchange: | NASDAQ |
Sector: | Financial Services | IPO: | Tue Sep 21 2021 | Empoloyees: | |
CUSIP: | | CIK: | 0001141819 | ISIN: | US89834G7786 | Country: | US |
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The fund is an actively managed exchange-traded fund (“ETF”) that under normal market conditions will invest at least 80% of its net assets, plus borrowings for investment purposes, in shares of common stock and units of Special Purpose Acquisitions Companies (“SPACs”) that have yet to consummate a shareholder-approved merger or business combination. The fund seeks to invest in publicly-traded SPACs that at the time of purchase are trading at or below the SPAC’s pro rata trust account value. The fund is non-diversified.
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