RiverNorth Market Neutral ETF (SPCZ)Financial | Exchange Traded Fund | Cboe US
26.06 USD
0.00
(-0.019%) ⇩
(July 2, 2026, 10:03 a.m.
EDT)
|
Hot Take ↕ | Aug. 22, 2026, 5:27 a.m. EDT
The RiverNorth Market Neutral ETF presents a classic case of high yield masking a lack of directional clarity. While the 9.46% dividend yield is attractive on paper, the absence of any price history or dividend payment records makes it impossible to verify if this payout is sustainable or merely a distribution of capital. Without a track record of growing earnings or a fortress balance sheet to support such a high payout, the yield cannot be rated as reliable. Furthermore, the security is effectively dormant regarding price action; with zero volume traded recently and no historical price anchors to analyze trends, there is no momentum to drive a bullish short-term thesis, nor enough data to confirm long-term business quality. The market appears to have priced in significant uncertainty, resulting in a neutral stance where the high yield offers compensation for the complete lack of visible growth or price momentum. |
| Attribute | Value |
|---|---|
| Trailing P/E | 35.89 |
| Attribute | Value |
|---|---|
| All Time High | 29.01 |
| All Time Low | 24.83 |
| Ask | 39.09 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 1,682 |
| Average Daily Volume3 Month | 2,077 |
| Average Volume | 2,077 |
| Average Volume10Days | 1,682 |
| Beta3 Year | 0.02 |
| Bid | 13.03 |
| Bid Size | 1,000 |
| Category | Financial |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.055 |
| Day Low | 26.055 |
| Dividend Yield | 9.46 |
| Eps Trailing Twelve Months | 0.7259575 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.994852 |
| Fifty Day Average Change | 0.06014824 |
| Fifty Day Average Change Percent | 0.0023138518 |
| Fifty Two Week Change Percent | -6.0346246 |
| Fifty Two Week High | 29.01 |
| Fifty Two Week High Change | -2.955 |
| Fifty Two Week High Change Percent | -0.101861425 |
| Fifty Two Week Low | 24.83 |
| Fifty Two Week Low Change | 1.2250004 |
| Fifty Two Week Low Change Percent | 0.0493355 |
| Fifty Two Week Range | 24.83 - 29.01 |
| First Trade Date Milliseconds | 1,784,295,000,000 |
| Full Exchange Name | Cboe US |
| Fullday Price | 26.055 |
| Fund Family | TrueShares |
| Fund Inception Date | 1,657,497,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market conditions, the fund seeks to invest primarily in units made up of common stock, warrants and rights of U.S.-listed special purpose acquisition companies (“SPACs”). In seeking to achieve the fund’s investment objective, the sub-adviser will monitor the fund’s portfolio and adjust positions based on changes in expectations of the investments or the availability of better alternatives. At least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in Pre-Merger SPACs. The fund is non-diversified. |
| Long Name | RiverNorth Market Neutral ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1784803675 |
| Nav Price | 26.0233 |
| Net Assets | 7,146,309.0 |
| Net Expense Ratio | 0.59 |
| Open | 25.87 |
| Previous Close | 26.06 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.00499916 |
| Regular Market Change Percent | -0.0191833 |
| Regular Market Day High | 26.055 |
| Regular Market Day Low | 26.055 |
| Regular Market Day Range | 26.055 - 26.055 |
| Regular Market Open | 25.87 |
| Regular Market Previous Close | 26.06 |
| Regular Market Price | 26.055 |
| Regular Market Time | 1,783,000,988 |
| Regular Market Volume | 7 |
| Short Name | RiverNorth Enhanced Pre-Merger |
| Source Interval | 15 |
| Symbol | SPCZ |
| Three Year Average Return | 0.060766503 |
| Total Assets | 7,146,309 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 35.89053 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 1.84433 |
| Trailing Three Month Returns | 1.84433 |
| Triggerable | 1 |
| Two Hundred Day Average | 26.590517 |
| Two Hundred Day Average Change | -0.53551674 |
| Two Hundred Day Average Change Percent | -0.020139389 |
| Type Disp | ETF |
| Volume | 7 |
| Yield | 0.0946 |
| Ytd Return | 1.93582 |