Spinnaker Etf Series Etf Profile

LGHT Etf  USD 10.65  0.06  0.57%   

Performance

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Odds Of Distress

Less than 9

 
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Low
Spinnaker ETF is selling for under 10.65 as of the 28th of November 2024; that is 0.57 percent up since the beginning of the trading day. The etf's last reported lowest price was 10.65. Spinnaker ETF has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Spinnaker ETF Series are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Lighthouse Bank provides commercial and personal banking products and services to individuals, professionals, small to medium-sized businesses, and non-profit organizations in Santa Cruz and Santa Clara counties, California. Lighthouse Bank was founded in 2007 and is headquartered in Santa Cruz, California. More on Spinnaker ETF Series

Moving together with Spinnaker Etf

  0.63XLV Health Care SelectPairCorr
  0.67VHT Vanguard Health CarePairCorr
  0.71IBB iShares Biotechnology ETFPairCorr
  0.62XBI SPDR SP BiotechPairCorr

Spinnaker Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Health Care ETFs, Health, Banks - Regional - US, Financial Services (View all Sectors)
IssuerLangar Investment
Inception Date2024-01-10
Entity TypeRegulated Investment Company
Asset Under Management2.11 Million
Asset TypeEquity
CategorySector
FocusHealth Care
Market ConcentrationDeveloped Markets
RegionGlobal
AdministratorThe Nottingham Company
AdvisorLangar Investment Management, LLC
CustodianClear Street, LLC
DistributorCapital Investment Group, Inc.
Portfolio ManagerDhruv Vig
Transfer AgentNottingham Shareholder Services LLC
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents34.0
Market MakerGTS
Total Expense0.85
Management Fee0.85
Country NameUSA
CodeLGHT
Updated At27th of November 2024
NameSpinnaker ETF Series
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01KY33LC7
TypeETF
Spinnaker ETF Series [LGHT] is traded in USA and was established null. The fund is listed under Health. The entity is thematically classified as Sector ETFs. Spinnaker ETF Series now have 303.94 M in assets. Spinnaker ETF Series currently holds about 36.62 M in cash with 6.15 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Spinnaker ETF Probability Of Bankruptcy

Geographic Allocation (%)

Top Spinnaker ETF Series Etf Constituents

BNTXBioNTech SEStockHealth Care
PGNYProgynyStockHealth Care
PRVAPrivia Health GroupStockHealth Care
TDOCTeladocStockHealth Care
PHGKoninklijke Philips NVStockHealth Care
TBRGTruBridgeStockHealth Care
ALGNAlign TechnologyStockHealth Care
RMDResMed IncStockHealth Care
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Spinnaker ETF Series Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Spinnaker ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Spinnaker ETF Against Markets

When determining whether Spinnaker ETF Series offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spinnaker ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spinnaker Etf Series Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spinnaker Etf Series Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spinnaker ETF Series. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.