Liberty One Spectrum ETF (SPCT) is an actively managed exchange-traded fund that seeks to provide investors with exposure to a diversified portfolio of high-conviction equity securities across the technology, communications, and consumer discretionary sectors, emphasizing companies positioned to benefit from the ongoing evolution of the broadband and wireless spectrum ecosystem. The fund's core offerings include long positions in leading telecommunications infrastructure providers, semiconductor manufacturers supporting 5G and beyond deployments, satellite communication operators, and content delivery networks; it employs a fundamental research-driven approach to select holdings with strong balance sheets, recurring revenue streams, and growth potential in spectrum-intensive industries. SPCT targets institutional and retail investors seeking thematic growth in connectivity and digital infrastructure, with operations focused on U.S.-listed securities and global exposure through multinational holdings.
Liberty One Investment Management, LLC, the fund's investment adviser founded in 2021 and headquartered in Rye Brook, New York, oversees SPCT as part of its suite of specialized ETFs designed for targeted sector opportunities. The firm provides portfolio management services, risk oversight, and quantitative analytics to optimize returns while managing volatility in spectrum-related equities. Geographically, Liberty One operates primarily in the United States, serving clients through major brokerage platforms and financial advisors nationwide.
In recent developments, SPCT launched in mid-2023, marking Liberty One's expansion into thematic ETFs amid rising demand for 5G and satellite broadband investments. The fund has pursued strategic partnerships with leading index providers for benchmark comparisons and enhanced liquidity through authorized participant agreements with major market makers. As of late 2025, Liberty One announced enhancements to SPCT's holdings, incorporating emerging leaders in low-earth orbit satellite constellations and AI-optimized network equipment following successful seed capital raises exceeding $50 million in assets under management.