SPAC and New Issue ETF (NASDAQ:SPCX – Get Free Report)’s stock price rose 0.6% on Tuesday . The stock traded as high as $22.35 and last traded at $22.07. Approximately 2,671 shares were traded during mid-day trading, an increase of 74% from the average daily volume of 1,532 shares. The stock had previously closed at $21.9374.
SPAC and New Issue ETF Trading Up 0.6%
The company’s 50 day moving average price is $21.94 and its two-hundred day moving average price is $23.04. The stock has a market cap of $7.06 million, a P/E ratio of 142.96 and a beta of 0.10.
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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