SPC 21.58 CrossingBridge Pre-Merger SPAC ETF
| Range: | 21.1-21.98 | Vol Avg: | 13186 | Last Div: | 1.11 | Changes: | 0.04 |
| 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 | |
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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