MRP SynthEquity ETF (SNTH)
MRP SynthEquity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $30.52, up 0.16% on the session, giving a market capitalisation of $55.9M. Its beta of 1.17 implies it has historically moved more than the broad market.
The MRP SynthEquity ETF operates as an actively managed exchange-traded fund. It pursues its investment goals through a dual strategy, utilizing both options contracts and U.S. Treasury securities. The fund's primary objective is capital appreciation, which it aims to achieve by investing in S&P 500 Index options designed to function as synthetic representations of the index. Notably, this fund does not employ a diversified investment approach.
MRP SynthEquity ETF is most often compared with the following Financial Services names: