SP Funds Dow Jones Global Sukuk ETF (SPSK)
ARCA ARCA Primary Summary
SPSK Chart
SP Funds Dow Jones Global Sukuk ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 13,504 | $243,230 | $242,194.24 | -$1,035.76 | -0.43% |
| YL Yosef Levy Y.D. More Investments Ltd. | 24,180 | $435,724 | $433,668.3 | -$2,055.7 | -0.47% |
 Ashish Sharma DGS Capital Management LLC | 27,505 | $492,909.49 | $493,302.17 | $392.68 | 0.08% |
 Barry Oliver Capital Performance Advisors LLP | 42,867 | $792,182.16 | $768,819.64 | -$23,362.52 | -2.95% |
 Katherine Stoner Empower Advisory Group, LLC | 38,197 | $697,286 | $685,063.19 | -$12,222.81 | -1.75% |
SP Funds Dow Jones Global Sukuk ETF (SPSK) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has SP Funds Dow Jones Global Sukuk ETF ever had a stock split?
SP Funds Dow Jones Global Sukuk ETF Profile
| ARCA Exchange | US Country |
Overview
This company focuses on providing investors access to U.S. dollar-denominated investment-grade sukuk. Sukuks are financial certificates, akin to bonds, that are issued in the global markets. These financial instruments are structured to comply with Islamic religious law, commonly known as Sharia, and adhere to its investment principles. The company aims to manage its funds by investing all, or substantially all, of its assets into the securities that constitute the index it tracks. Under normal circumstances, it commits at least 80% of its total assets to investments in the component securities of the index. Specializing in this niche financial instrument, the company operates with a non-diversified fund strategy.
Products and Services
- U.S. Dollar-Denominated Investment-Grade Sukuk
The primary product offered is access to investment in U.S. dollar-denominated sukuks that are of investment grade. These sukuks serve as an alternative to conventional bonds and are compliant with Sharia law, catering to investors seeking Sharia-compliant investment opportunities. The company's focus on U.S. dollar-denominated securities aims to attract investors looking for less currency risk in their Sharia-compliant investments.
- Sharia-Compliant Investment Management
Alongside offering sukuks, the company provides Sharia-compliant investment management services. This means that the company not only invests in securities that comply with Islamic law but also adheres to the principles of Sharia in its investment strategies and operations. This service caters to investors who wish to ensure that their investments are managed in accordance with Islamic principles.
- Non-Diversified Fund Investment Strategy
The company adopts a non-diversified investment strategy, focusing primarily on investments in the sukuk market. This approach means that the company invests a large portion of its assets in the securities that make up the index it follows, without spreading its investments across a wide range of securities. This strategy is suited for investors who wish to have concentrated exposure to the sukuk market and are comfortable with the associated risks of a non-diversified investment portfolio.
