The SPAC and New Issue ETF (SPCX)

• Market cap: $9.45M
• 1 day: 0.60%
• 5 days: 0.52%
• 1 month: -0.79%
• 3 months: 3.83%
• 6 months: 6.51%
• Year to date: 7.14%
• 1 year: 5.75%
• 5 years: 0.04%
• 10 years: 0.04%

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 1

1.27% less ownership

Funds ownership: 13.56% [Q4 2024] → 12.29% (-1.27%) [Q1 2025]

12% less capital invested

Capital invested by funds: $1.28M [Q4 2024] → $1.12M (-$155K) [Q1 2025]

38% less funds holding

Funds holding: 8 [Q4 2024] → 5 (-3) [Q1 2025]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 3

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $24K