SPAC and New Issue ETF (SPCX)
| Assets | $10.05M |
| Expense Ratio | 1.89% |
| PE Ratio | 33.13 |
| Shares Out | 425,000 |
| Dividend (ttm) | $0.52 |
| Dividend Yield | 2.21% |
| Ex-Dividend Date | Dec 19, 2023 |
| Payout Ratio | 73.88% |
| 1-Year Return | +1.52% |
| Volume | 183 |
| Open | 23.75 |
| Previous Close | 23.50 |
| Day's Range | 23.75 - 23.75 |
| 52-Week Low | 21.60 |
| 52-Week High | 23.99 |
| Beta | 0.04 |
| Holdings | 37 |
| Inception Date | Dec 16, 2020 |
About SPCX
Fund Home PageThe 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 issued by AXS Investments.
Top 10 Holdings
43.43% of assets| Name | Symbol | Weight |
|---|---|---|
| IB Acquisition Corp. | IBAC | 5.03% |
| Andretti Acquisition Corp II Units (1 Ord Class A & 1/2 War) | POLEU | 4.96% |
| Vine Hill Capital Investment Corp Units (1 Ord Class A & 1/2 War) | VCICU | 4.49% |
| Newbury Street II Acquisition Corp Units | NTWOU | 4.45% |
| Willow Lane Acquisition Corp Units (1 Ord Cls A & 1/2 War) | WLACU | 4.44% |
| HCM II Acquisition Corp Units (1 Ord Class A & 1/2 War) | HONDU | 4.08% |
| Centurion Acquisition Corp. | ALF | 4.00% |
| M3-Brigade Acquisition V Corp Units (1 Ord Share Class A & 0.5 War) | MBAVU | 4.00% |
| Future Vision II Acquisition Corp Units(1 Ord shares & 1 Rights) | FVNNU | 4.00% |
| Chenghe Acquisition II Co. | CHEB | 3.98% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2023 | $0.524 | Dec 21, 2023 |
| Dec 27, 2021 | $0.358 | Dec 29, 2021 |
News
Searching For Momentum In The IPO Drought
Poor market conditions effectively shut down the U.S. IPO (initial public offering) market in 2022. We analyzed previous IPO droughts (2003 and 2008) to assess when the market may rebound.
Monthly SPAC Issuance Grinds To A Complete Halt For The First Time In 5 Years
SPAC issuance has been reduced to a trickle for most of 2022, but now even that is drying up. July is expected to be the first month with no blank check IPOs in over five years. In the last two years,...
BFAC And The SPAC Problem
There's nothing particularly wrong with Battery Future Acquisition Corp, it's an example of the sector, that's all.
SPAC ETFs & The Future Of The Market Landscape (Podcast Transcript)
See what the future of SPAC ETFs holds and what the trend shows. Learn about the different type of SPAC-related ETFs, such as (SPCX), (DSPC), and (SOGU).
SPAC ETFs & The Future Of The Market Landscape
See what the future of SPAC ETFs hold and what the trend shows. Learn about the different type of SPAC related ETFs, such as (SPCX), (DSPC), and (SOGU).
Yield Focused Premerger SPAC ETF Debuts
CrossingBridge Advisors believes it can find short-term yields higher than government bonds.
Is The SPAC Party Over?
The SPAC market has somewhat reset from the initial euphoria. SPACs will continue to provide a useful and efficient avenue to take private companies public.
ETF Edge, July 12, 2021
CNBC's Bob Pisani tracks the latest headlines in exchange-traded funds with WisdomTree's Jeremy Schwartz, WallachBeth Capital's Andrew McOrmond and Morgan Creek Capital Management's Mark Yusko.
2nd Pre-Merger SPAC ETF Launches
It's the first ETF product for fixed income group Robinson Capital.
First Pure-Play De-SPAC ETFs Launch on the NYSE
NEW YORK, May 19, 2021 /PRNewswire/ -- The De-SPAC ETF (NYSE: DSPC) and The Short De-SPAC ETF (NYSE: SOGU) start trading on the New York Stock Exchange today. They are the first ETFs to offer pure-pla...
SPACs: An Uncorrelated Asset Class?
SPACs are securities through which investors can aggregate their money in blank-check funds that sit and wait to identify target companies to purchase and take public. Both SPAC indexes exhibited more...
What The SPAC? Taking A Look At SPCX, The SPAC And New Issue ETF
The SPAC and New Issue ETF (SPCX) is a new fund aimed at providing investors with exposure to the red-hot SPAC (Special-Purpose Acquisition Company) landscape. This actively traded fund recently began...
SPCX: SPACs Are The 'Canary In The Coal Mine'
Special Purpose Acquisition Companies have seen an immense increase in activity over the past year as retail investors have piled into the market. The boom in SPAC activity has promoted the launch of ...
Which SPAC ETF Is Best? Sifting The World's Chris DeMuth Jr. Helps Investors Decide (Podcast)
2020 was the year of the SPAC, with money raised through "blank check" companies outpacing traditional IPOs for the first time.
SPAC ETF Brew Grows Frothy
Investors should tread carefully when it comes to one of the frothiest parts of the market.
All Eyes On SPACs: Matt Tuttle Of SPCX ETF
Investing 2020s podcast with ETF Manager Matt Tuttle of new issue ETF SPCX. SPACs, or blank check companies, are backed by the cash trust that's to be used to find a stock to bring public.
Forget SPACs - These 2 High-Yielding Stocks Win No Matter What
SPACs have performed well in the recent past, but if you look back, most of them have poor track records. We let others speculate with SPACs and prefer to invest in boring, high cash-flowing businesse...
Battle Of 3 SPAC ETFs
Choose your flavor of SPAC access: index-based, SPAC-only active or active equal weight.
Unpacking the newest SPAC ETF with the man behind its launch
Mark Yusko, CEO, chief investment officer and founder of Morgan Creek Capital Management, discusses his firm's latest SPAC ETF. With Morningstar's Ben Johnson and CNBC's Bob Pisani.
Behind the new actively-managed SPAC ETF launch
CNBC's Bob Pisani talks with Mark Yusko of Morgan Creek Capital Management about the new SPAC ETF, SPXZ.
SPCX: There's A New SPAC ETF In Town
A new SPAC ETF launched in mid December, which is the second SPAC ETF to come to market. SPCX and SPAK are vastly different ETFs, even though they both carry the SPAC label.
The SPAC and New Issue ETF (SPCX) Surpasses $25 million AUM
NEW YORK, Jan. 6, 2021 /PRNewswire/ -- The SPAC and New Issue ETF (NYSE: SPCX) announced that it has eclipsed $25 million in assets under management (AUM) over the course of thirteen trading days. SPC...
Exclusive: New SPAC ETF Creator On SPACs, Management Teams, Top Holdings
A new actively managed SPAC ETF from Tuttle Tactical Management launched on Wednesday. The SPAC ETF: Tuttle launched the SPAC and New Issue ETF (NYSE: SPCX).