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SPAC and New Issue ETF (SPCK)

Event Driven · SPAC · NASDAQ

Event DrivenETF
SPAC and New Issue ETF (SPCK) is an exchange-traded fund in the Event Driven category. It has $8.23M in assets, an expense ratio of 2.32% and a 16.36% dividend yield. The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Companies (“SPACs”) that have a minimum capitalization of $100 million and companies that completed an initial public offering (“IPO”) within the last two years. The fund may also invest in depositary receipts or appropriate ETFs for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net…
Assets under management$8.23M
Expense ratio2.32%
CategoryEvent Driven
Dividend yield16.36%
NAV$21.74
Fund familySPAC
ExchangeNASDAQ

Top holdings

The largest positions SPAC and New Issue ETF reports, by weight.

HoldingNameWeight
BBCQU Bleichroeder Acquisition Corp II Units (1 Ord Cls A & 1/3 War) 5.10%
CCII Cohen Circle Acquisition Corp II Class A shares 4.77%
FGII FG Imperii Acquisition Corp Class A 4.27%
CEPS Cantor Equity Partners VI Inc Ordinary Shares - Class A 4.12%
TACO Berto Acquisition Corp 3.94%
TWLV Twelve Seas Investment Company III Class A 3.49%
CAIIU Collective Acquisition Corp II Units (1 Ord Cls A & 1/2 War) 3.32%
PTORU Praetorian Acquisition Corp Units (1 Ord cls A & 1/3 War) 3.32%
RREVU RRE Ventures Acquisition Corp Units (1 Class A & 1/3 War) 3.31%
ARTCU Art Technology Acquisition Corp Units (1 Ord Cls A & 1/4 War) 3.30%

Other Event Driven ETFs

TickerFundAssetsExpense
CEFS Saba Closed-End Funds ETF $427.07M 2.61%
MNA NYLI Merger Arbitrage ETF $251.39M 0.77%
ARB AltShares Merger Arbitrage ETF $104.54M 0.76%
MRGR ProShares Merger ETF $15.92M 0.75%
EVNT AltShares Event-Driven ETF $12.53M 1.33%
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