SPAC and New Issue ETF (NASDAQ:SPCX) Share Price Passes Above 50 Day Moving Average – Time to Sell?

by · The Markets Daily

Shares of SPAC and New Issue ETF (NASDAQ:SPCX – Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $23.62 and traded as high as $23.64. SPAC and New Issue ETF shares last traded at $23.61, with a volume of 12,080 shares.

SPAC and New Issue ETF Stock Up 0.3 %

The company has a market cap of $10.69 million, a P/E ratio of 33.73 and a beta of 0.05. The company has a fifty day moving average of $23.63 and a 200 day moving average of $23.56.

SPAC and New Issue ETF Company Profile

(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.

See Also