Schechter Investment Advisors LLC Sells 7,332 Shares of Robinson Alternative Yield Pre-Merger SPAC ETF (NYSEARCA:SPAX)

Schechter Investment Advisors LLC cut its holdings in Robinson Alternative Yield Pre-Merger SPAC ETF (NYSEARCA:SPAX) by 12.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,490 shares of the company’s stock after selling 7,332 shares during the quarter. Schechter Investment Advisors LLC owned 0.07% of Robinson Alternative Yield Pre-Merger SPAC ETF worth $1,064,000 at the end of the most recent quarter.

Robinson Alternative Yield Pre-Merger SPAC ETF Trading Up 0.2 %

SPAX stock opened at $20.33 on Tuesday. The stock has a market capitalization of $7.62 million, a PE ratio of 34.14 and a beta of 0.02. Robinson Alternative Yield Pre-Merger SPAC ETF has a 12-month low of $19.70 and a 12-month high of $21.07. The stock’s 50 day simple moving average is $20.22 and its 200 day simple moving average is $20.30.

About Robinson Alternative Yield Pre-Merger SPAC ETF

The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future. SPAX was launched on Jun 22, 2021 and is managed by Robinson.