SPAC and New Issue ETF (NASDAQ:SPCX) Trading 0% Higher – Time to Buy?

SPAC and New Issue ETF (NASDAQ:SPCXGet Free Report) traded up 0% during trading on Tuesday . The company traded as high as $23.93 and last traded at $23.58. 8,808 shares changed hands during mid-day trading, an increase of 473% from the average session volume of 1,536 shares. The stock had previously closed at $23.57.

SPAC and New Issue ETF Trading Up 0.9 %

The stock has a market capitalization of $11.21 million, a price-to-earnings ratio of 33.73 and a beta of 0.05. The stock’s 50 day moving average is $23.57 and its 200 day moving average is $23.50.

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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