The ETF marketplace underwent a seismic shift at the end of last year with Goldman Sachs Asset Management (GSAM) acquiring Innovator Capital Management.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 3,418 | $201,218 | $202,670.31 | $1,452.31 | 0.72% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 248,556 | $14.63M | $14.98M | $346,349.66 | 2.37% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 608 | $29,304.92 | $36,601.6 | $7,296.68 | 24.9% |
CliftonLarsonAllen Wealth Advisors CliftonLarsonAllen Wealth Advisors LLC | 11,978 | $638,787 | $710,235.51 | $71,448.51 | 11.19% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 51,950 | $2.81M | $3.08M | $273,990.56 | 9.76% |
| BATS Exchange | US Country |
The fund is designed for investors looking to gain exposure to the performance of the SPDR® S&P 500® ETF Trust through a strategy that involves investing primarily in FLexible EXchange® Options (FLEX Options). FLEX Options are customizable exchange-traded options, offering the flexibility to specify various terms such as exercise prices, styles, and expiration dates. The fund commits at least 80% of its net assets to these FLEX Options that are linked to the underlying ETF, which predominantly consists of companies in the information technology sector. Being non-diversified, the fund may exhibit more volatility than diversified funds due to its focused investment strategy.
This product involves the fund investing in FLEX Options that reference the SPDR® S&P 500® ETF Trust. FLEX Options are unique in that they allow for the customization of key terms such as the exercise price, exercise style, and expiration dates, thus offering investors a tailored approach to investing in the broad market performance as represented by the S&P 500 index. The underlying ETF itself is composed mainly of the top United States companies across various sectors, with significant exposure to the information technology sector.