SPAC and New Issue ETF (NASDAQ:SPCX) Announces Dividend of $0.14

SPAC and New Issue ETF (NASDAQ:SPCX) declared a dividend on Monday, December 16th,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 17th will be paid a dividend of 0.1388 per share on Wednesday, December 18th. The ex-dividend date is Tuesday, December 17th.

SPAC and New Issue ETF Price Performance

SPCX traded down $0.12 on Tuesday, hitting $23.50. The company had a trading volume of 2,392 shares, compared to its average volume of 1,622. The stock has a market cap of $10.58 million, a price-to-earnings ratio of 33.73 and a beta of 0.05. The company’s fifty day moving average price is $23.64 and its 200 day moving average price is $23.57. 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.