SPAC and New Issue ETF (NASDAQ:SPCX) Shares Up 0.4%

SPAC and New Issue ETF (NASDAQ:SPCXGet Free Report) shares shot up 0.4% during mid-day trading on Wednesday . The company traded as high as $23.29 and last traded at $23.24. 875 shares were traded during trading, a decline of 47% from the average session volume of 1,656 shares. The stock had previously closed at $23.16.

SPAC and New Issue ETF Stock Performance

The business has a fifty day moving average of $23.25 and a 200-day moving average of $23.48.

SPAC and New Issue ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Thursday, December 21st. Investors of record on Wednesday, December 20th were issued a dividend of $0.524 per share. The ex-dividend date of this dividend was Tuesday, December 19th.

Institutional Trading of SPAC and New Issue ETF

A hedge fund recently bought a new stake in SPAC and New Issue ETF stock. SkyView Investment Advisors LLC purchased a new stake in SPAC and New Issue ETF (NASDAQ:SPCXFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 14,601 shares of the company’s stock, valued at approximately $349,000. SkyView Investment Advisors LLC owned approximately 1.62% of SPAC and New Issue ETF as of its most recent SEC filing.

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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