| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 933 | $34,838.22 | $49,495.65 | $14,657.43 | 42.07% |
Jonathan Yarger Yarger Wealth Strategies LLC | 22,990 | $920,715.99 | $1.2M | $278,212.51 | 30.22% |
| RJW Ryan J. Warner C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors | 32,201 | $1.2M | $1.71M | $507,001.65 | 42.08% |
| AWA Authentikos Wealth Advisory LLC Authentikos Wealth Advisory LLC | 24,717 | $1.15M | $1.31M | $164,990.93 | 14.36% |
Christopher C. Powers Farther Finance Advisors, LLC | 253,611 | $10.28M | $13.23M | $2.95M | 28.68% |
| BATS Exchange | US Country |
The fund operates as an actively managed exchange-traded fund (ETF) with a strategic approach aimed at surpassing the performance of the SPDR® S&P 500® ETF Trust through sophisticated derivative strategies. By investing in option contracts, the fund intends to achieve returns that exceed the price returns of the SPDR® S&P 500® ETF Trust, but only once the ETF surpasses certain predetermined performance threshold levels. This design reveals a non-diversified investment structure, concentrating its efforts and capital into a niche that focuses on leveraging market movements above specific benchmarks.
This fund is characterized by its active management strategy, focusing on options contracts that aim to yield returns greater than those of the SPDR® S&P 500® ETF Trust, after reaching set performance thresholds. This product is suitable for investors seeking to potentially benefit from the fund’s unique approach to surpassing specific market benchmarks through options trading.
Central to the fund's strategy is the investment in option contracts. These financial derivatives are employed to pursue enhanced returns relative to the SPDR® S&P 500® ETF Trust's price performance, but only when this underlying ETF's returns exceed the fund’s predefined levels. This method offers an innovative avenue for attempting to generate higher gains from the movements of the S&P 500, tailored for those with an appetite for derivatives-based investment strategies.
Reflecting a focused investment approach, the fund operates with a non-diversified status. This indicates that it channels a significant portion of its assets into specific investments, in this case, option contracts linked to the performance of the SPDR® S&P 500® ETF Trust beyond its performance thresholds. While potentially offering higher returns due to its concentrated strategy, it also bears a higher risk level, since the fund's performance is tied closely to the success of its specific investment choices.