Crescent Grove Advisors LLC Trims Position in RiverNorth Enhanced Pre-Merger SPAC ETF (BATS:SPCZ)

Crescent Grove Advisors LLC reduced its position in shares of RiverNorth Enhanced Pre-Merger SPAC ETF (BATS:SPCZ) by 11.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,266 shares of the company’s stock after selling 3,844 shares during the period. Crescent Grove Advisors LLC owned 15.52% of RiverNorth Enhanced Pre-Merger SPAC ETF worth $786,000 at the end of the most recent quarter.

RiverNorth Enhanced Pre-Merger SPAC ETF Price Performance

BATS:SPCZ opened at $26.01 on Friday. The company has a 50 day simple moving average of $26.48 and a two-hundred day simple moving average of $26.56. The stock has a market capitalization of $5.07 million, a P/E ratio of 36.35 and a beta of 0.02.

RiverNorth Enhanced Pre-Merger SPAC ETF Company Profile

The RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that holds US-listed, small- and mid-cap pre-combination SPAC securities. SPCZ was launched on Jul 11, 2022 and is managed by RiverNorth.