Industry description
The investment seeks to generate realized capital gains in excess of short-term interest rates on a risk adjusted basis.
The fund is an actively-managed exchange-traded fund that pursues its investment objective primarily by investing, under normal circumstances, in special purpose acquisition companies (“SPACs”) that, the fund’s investment sub-adviser, believes will generate net realized capital gains in excess of the income derived from bank certificates of deposit with similar maturities. The fund is non-diversified.
Market Cap
The average market capitalization across the Horizon Kinetics SPAC Active ETF ETF is 232.4M. The market cap for tickers in the group ranges from 81.58M to 660M. AACT holds the highest valuation in this group at 660M. The lowest valued company is BUJA at 81.58M.
High and low price notable news
The average weekly price growth across all stocks in the Horizon Kinetics SPAC Active ETF ETF was 0%. For the same ETF, the average monthly price growth was 0%, and the average quarterly price growth was 2%. BKHAU experienced the highest price growth at 5%, while SVII experienced the biggest fall at -2%.
Volume
The average weekly volume growth across all stocks in the Horizon Kinetics SPAC Active ETF ETF was -12%. For the same stocks of the ETF, the average monthly volume growth was 10% and the average quarterly volume growth was 40%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 54
P/E Growth Rating: 87
Price Growth Rating: 53
SMR Rating: 92
Profit Risk Rating: 100
Seasonality Score: (-100 ... +100)