SPAC and New Issue ETF (NASDAQ:SPCX) Shares Up 1.1% – Should You Buy?

SPAC and New Issue ETF (NASDAQ:SPCXGet Free Report) was up 1.1% during trading on Wednesday . The stock traded as high as $23.75 and last traded at $23.75. Approximately 184 shares changed hands 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 Trading Up 0.1 %

The company has a market capitalization of $10.62 million, a price-to-earnings ratio of 33.73 and a beta of 0.05. The company has a 50 day moving average price of $23.60 and a 200 day moving average price of $23.54.

About SPAC and New Issue ETF

(Get Free Report)

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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