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SNTH

26.69000 USD
0.273
1.03%
Last update Jun 16, 3:59 PM EDT
Pre-market
Day range
26.63900
26.75500
Previous close
26.41700
Open
26.63900
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Mrp Synthequity ETF
26.69
0.27
1.03%

Overview

Description

The Mrp Synthequity ETF is an exchange-traded fund designed to provide investors exposure to a blend of synthetic equity derivatives. Its primary function is to track and reflect the performance of a select portfolio of equity instruments through the use of derivatives, rather than traditional stock holdings. This ETF is particularly focused on offering a cost-effective and efficient means for investors to participate in equity markets, while potentially reducing the risks associated with direct equity ownership. Key features of the Mrp Synthequity ETF include its synthetic replication strategy, which involves contracts such as futures and options to mirror the returns of an underlying benchmark index closely. This ETF plays a significant role in the financial market by offering investors a strategic tool for diversification, hedging, and accessing otherwise difficult-to-trade equity sectors, potentially appealing to institutional investors and asset managers looking for enhanced flexibility in portfolio management.

About

Address
Phone
(469) 442-8424
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Pre-market

Exchange is currently open for pre-market.
Main market opens in 4 hours 34 minutes

04:55
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).