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DSPC

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The De-spac Etf

5.74
0.00 (0.00%)
Last Update: 08 Feb 2023 17:30:00
Yesterday: 5.74
Day's Range: 5.74 - 5.74
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The De-SPAC ETF is an exchange-traded fund (ETF) that invests in companies that have recently gone public through a special purpose acquisition company (SPAC) merger. SPACs are shell companies that raise funds through an initial public offering (IPO) with the intention of acquiring a private company and taking it public. The De-SPAC ETF focuses on companies that have completed their merger and become public, allowing investors to gain exposure to these companies without having to invest in individual SPACs.

The De-SPAC ETF was launched by AdvisorShares in January 2021 and trades under the ticker symbol "DSPC" on the NYSE Arca exchange. The ETF is actively managed and seeks to provide long-term capital appreciation by investing in a diversified portfolio of de-SPAC'd companies across various sectors and market capitalizations.

Some of the top holdings in the De-SPAC ETF include DraftKings, Virgin Galactic, and Nikola Corporation. The ETF charges an expense ratio of 0.95% and requires a minimum investment of $1,000. As with any investment, it is important to carefully consider the risks and potential rewards before investing in the De-SPAC ETF.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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