Morgan Creek - Exos SPAC Originated ETF (SPXZ)
Morgan Creek - Exos SPAC Originated ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $11.01, up 0.07% on the session, giving a market capitalisation of $6.2M. Its beta of 0.00 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) aims to achieve its investment goals by primarily allocating capital to U.S.-listed special purpose acquisition companies (SPACs). It also invests in businesses that have already completed a merger or acquisition with a SPAC. A SPAC, often called a "blank check" company, is a firm without its own commercial operations; its sole purpose is to raise funds through an initial public offering (IPO) in order to identify and engage in a business combination (such as a merger, acquisition, or reorganization) with one or more existing operating companies. The fund is classified as non-diversified.
Morgan Creek - Exos SPAC Originated ETF is most often compared with the following Financial Services names: