Shares of SPAC and New Issue ETF (NASDAQ:SPCX – Get Free Report) traded up 1.1% during trading on Wednesday . The stock traded as high as $23.75 and last traded at $23.75. 184 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 1,550 shares. The stock had previously closed at $23.50.
SPAC and New Issue ETF Stock Performance
The company has a 50-day moving average of $23.60 and a 200-day moving average of $23.54. The stock has a market capitalization of $10.69 million, a price-to-earnings ratio of 33.73 and a beta of 0.05.
About SPAC and New Issue ETF
The AXS SPAC and New Issue ETF (SPCX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that aims to provide a broad exposure to Special Purpose Acquisitions Corporations (SPACs) and newly-listed firms. SPCX was launched on Dec 16, 2020 and is managed by AXS Investments.
Further Reading
- Five stocks we like better than SPAC and New Issue ETF
- How to Read Stock Charts for Beginners
- Target Results Are Not a Retail Bellwether: Why the Dip Is a Buy
- 3 Warren Buffett Stocks to Buy Now
- Williams-Sonoma Stock: Buy It and Never Let It Go
- How Technical Indicators Can Help You Find Oversold Stocks
- 5 Dividend ETFs to Buy and Hold Forever
Receive News & Ratings for SPAC and New Issue ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPAC and New Issue ETF and related companies with MarketBeat.com's FREE daily email newsletter.
