Shares of SPAC and New Issue ETF (NASDAQ:SPCX – Get Free Report) traded down 0.2% during trading on Friday . The company traded as low as $21.87 and last traded at $21.8750. 61 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 830 shares. The stock had previously closed at $21.92.
SPAC and New Issue ETF Stock Down 0.2%
The stock has a market capitalization of $7 million, a price-to-earnings ratio of 142.96 and a beta of 0.05. The business’s 50 day simple moving average is $21.89 and its 200-day simple moving average is $23.98.
SPAC and New Issue ETF Cuts Dividend
The company also recently declared an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a dividend of $0.4858 per share. The ex-dividend date was Wednesday, December 24th. This represents a dividend yield of 222.0%.
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.
Recommended Stories
- Five stocks we like better than SPAC and New Issue ETF
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- The Biggest IPO Ever… Open to Everyday Folks
- Silver records prices are great. Monthly income is better
- Read this or regret it forever
- Sell this, buy that
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.
