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 | $208,908.16 | $7,690.16 | 3.82% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 248,556 | $14.63M | $15.14M | $510,794.31 | 3.49% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 608 | $29,304.92 | $37,042.4 | $7,737.48 | 26.4% |
CliftonLarsonAllen Wealth Advisors CliftonLarsonAllen Wealth Advisors LLC | 11,978 | $638,787 | $728,861.3 | $90,074.3 | 14.1% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 51,950 | $2.81M | $3.15M | $342,824.31 | 12.22% |
| 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.