SPAC and New Issue ETF (SPCX) to Issue Annual Dividend of $3.11 on December 17th

SPAC and New Issue ETF (NASDAQ:SPCX) declared an annual dividend on Monday, December 15th. Stockholders of record on Tuesday, December 16th will be given a dividend of 3.1054 per share on Wednesday, December 17th. This represents a dividend yield of 1,391.0%. The ex-dividend date is Tuesday, December 16th.

SPAC and New Issue ETF Price Performance

Shares of SPCX opened at $22.32 on Wednesday. The firm has a market capitalization of $7.81 million, a price-to-earnings ratio of 142.96 and a beta of 0.05. SPAC and New Issue ETF has a 1-year low of $22.27 and a 1-year high of $26.61. The company has a 50-day moving average of $25.53 and a 200 day moving average of $25.25.

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.