SPAC and New Issue ETF (NASDAQ:SPCX – Get Free Report)’s stock price fell 0% during mid-day trading on Thursday . The company traded as low as $21.84 and last traded at $21.8450. 418 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 1,030 shares. The stock had previously closed at $21.85.
SPAC and New Issue ETF Stock Performance
The firm has a market cap of $6.99 million, a P/E ratio of 142.96 and a beta of 0.05. The business’s fifty day moving average is $22.76 and its 200-day moving average is $24.33.
SPAC and New Issue ETF Cuts Dividend
The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were given a dividend of $0.4858 per share. This represents a dividend yield of 222.0%. The ex-dividend date of this dividend was Wednesday, December 24th.
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.
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