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 (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 463 | $20,807.92 | $27,439.69 | $6,631.77 | 31.87% |
CliftonLarsonAllen Wealth Advisors CliftonLarsonAllen Wealth Advisors LLC | 11,978 | $638,787 | $711,493.2 | $72,706.2 | 11.38% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 60,148 | $3.22M | $3.56M | $342,448.38 | 10.64% |
Jeff Ameen Spire Wealth Management | 18,841 | $882,820.39 | $1.12M | $233,444.8 | 26.44% |
| SL Shad Lamm Keystone Wealth Services LLC | 3,812 | $203,293.96 | $225,899.12 | $22,605.16 | 11.12% |
| 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.