Shares of SPAC and New Issue ETF (NASDAQ:SPCX – Get Free Report) rose 1.1% during mid-day trading on Wednesday . The company traded as high as $23.75 and last traded at $23.75. Approximately 184 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 1,550 shares. The stock had previously closed at $23.50.
SPAC and New Issue ETF Stock Performance
The firm has a market cap of $10.69 million, a PE ratio of 33.73 and a beta of 0.05. The company has a 50 day simple moving average of $23.60 and a two-hundred day simple moving average of $23.54.
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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