SPAC and New Issue ETF Announces Dividend of $0.02 (NASDAQ:SPCX)

SPAC and New Issue ETF (NASDAQ:SPCX) declared a dividend on Thursday, December 26th,NASDAQ Dividends reports. Investors of record on Friday, December 27th will be given a dividend of 0.024 per share on Monday, December 30th. The ex-dividend date of this dividend is Friday, December 27th.

SPAC and New Issue ETF Price Performance

Shares of SPAC and New Issue ETF stock traded down $0.12 on Friday, reaching $23.38. 2,113 shares of the company were exchanged, compared to its average volume of 1,651. The stock’s 50 day moving average price is $23.63 and its 200-day moving average price is $23.57. The company has a market cap of $10.52 million, a P/E ratio of 33.73 and a beta of 0.05. SPAC and New Issue ETF has a 1-year low of $21.60 and a 1-year high of $23.99.

SPAC and New Issue ETF Company Profile

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.