SPAC and New Issue ETF (SPCX)

NASDAQ: SPCX · IEX Real-Time Price · USD
26.18
-0.07 (-0.27%)
Sep 30, 2022 4:00 PM EDT - Market closed
-0.27%
Assets $31.42M
NAV $26.18
Expense Ratio 0.95%
PE Ratio n/a
Shares Out 1.20M
Dividend (ttm) $0.36
Dividend Yield 1.37%
Ex-Dividend Date Dec 27, 2021
1-Year Return -8.62%
Volume 575
Open 26.10
Previous Close 26.25
Day's Range 26.10 - 26.33
52-Week Low 24.91
52-Week High 28.99
Beta -0.01
Holdings 136
Inception Date Dec 16, 2020

About SPCX

Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in units and shares of Special Purpose Acquisitions Companies ("SPACs") that have a minimum capitalization of $100 million and companies that completed an initial public offering ("IPO") within the last two years. The fund may also invest in depositary receipts for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities.

Asset Class Equity
Region North America
Issuer Tuttle Capital Management
Stock Exchange NASDAQ
Ticker Symbol SPCX

Top 10 Holdings

36.18% of assets
Name Symbol Weight
Global Consumer PCL n/a 6.52%
Adara Sponsor Llc B Share n/a 6.50%
Accelerate Acquisition AAQC 4.66%
Metals Acquisition MTAL 4.32%
Decarbonization Plus Acquisition IV DCRD 2.76%
TortoiseEcofin Acquisition III TRTL 2.43%
TPG Pace Beneficial II YTPG 2.34%
Acropolis Infrastructure Acquisition ACRO 2.33%
Worldwide Webb Acquisition WWAC 2.17%
Spree Acquisition 1 SHAP 2.14%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 27, 2021 $0.35758 Dec 29, 2021
Full Dividend History

News

Yield Focused Premerger SPAC ETF Debuts

CrossingBridge Advisors believes it can find short-term yields higher than government bonds.

Other symbols: SPAKSPXZ
1 year ago - ETFcom

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.

Other symbols: SPAKSPXZVTWGRO
1 year ago - CNBC Television

IPOs See Best Q2 in 2 Decades: ETFs to Ride the Boom

The U.S. IPO market set another milestone in the second quarter with 113 IPOs raising $39.9 billion, marking the busiest quarter in over two decades.

Other symbols: FPXIPOSPAKSPXZ
1 year ago - Zacks Investment Research

U.S. IPO Market Sizzles: ETFs to Bet On

Some of the blockbuster IPOs of this year include South Korean e-commerce firm Coupang, cybersecurity firm Darktrace, and cryptocurrency exchange Coinbase Global.

Other symbols: FPXIPOSPAKSPXZ
1 year ago - Zacks Investment Research

2nd Pre-Merger SPAC ETF Launches

It's the first ETF product for fixed income group Robinson Capital.

Other symbols: SPAKSPXZSPAX
1 year ago - ETFcom

ETFs to Tap the Booming U.S. IPO Market

The U.S. IPO raised $171 billion so far this year, surpassing last year's record of $168 billion and breaking the annual 2020 record within less than six months.

Other symbols: FPXIPOSPAKSPXZ
1 year ago - Zacks Investment Research

First Pure-Play De-SPAC ETFs, DSPC & SOGU, Launch on the NYSE

On Wednesday, the De-SPAC ETF (NYSE: DSPC) and the Short De-SPAC ETF (NYSE: SOGU) began trading on the New York Stock Exchange. They are the first ETFs to offer pure-play exposure to a basket of de-SPAC...

Other symbols: DSPCSOGU
1 year ago - ETF Trends

High Flying ETFs Reverse Course

From 'ARKK' to 'SPAK' to 'IPO,' these once-hot ETFs have noticeably cooled.

Other symbols: ARKGARKKARKWFPXIPOSPAK
1 year ago - ETFcom

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-play ...

Other symbols: DSPCSOGU
1 year ago - PRNewsWire

Analyzing the Future of the Special Purpose Acquisition Company (SPAC)

Blank-check transactions have slowed as compared to prior quarters, but that fact alone is not a commentary on the viability of the asset class itself. Investors that sense opportunity with special purp...

1 year ago - ETF Trends

SPACs Have Cooled Off, But Active Management Could Keep Them On Top

Special purpose acquisition companies (SPACs) have recently encountered some rough spots. Investors may want to stay flexible in the space with active management and the SPAC and New Issue ETF (SPCX).

1 year ago - ETF Trends

7 Overheated SPACs That Have Gotten Ahead of Themselves

These 7 SPACs could come under further pressure The post 7 Overheated SPACs That Have Gotten Ahead of Themselves appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G ...

1 year ago - InvestorPlace

Active Management Is Thriving in the Bustling SPAC Space

Special purpose acquisition companies (SPACs) are all the rage on Wall Street. It's an asset class retail investors are widely embracing too.

1 year ago - ETF Trends

Best SPAC ETFs for 2021

What's better than getting in on the ground floor of the hottest companies? Getting in on the ground floor of multiple.

Other symbols: SPAKSPXZ
1 year ago - InvestorPlace

SPACs Are Back: ‘SPCX' Joins a Hot Investment Space

SPACs were hot. Things then cooled off, but they may be ramping up again with so many special purpose acquisition companies coming to market.

1 year ago - ETF Trends

Gambling on SPACs? Diversify With These 3 SPAC ETFs

SPACs generally are early-stage, sometimes pre-revenue companies. That alone supports a basket approach provided by these SPAC ETFs.

Other symbols: SPAKSPXZ
1 year ago - InvestorPlace

SPAC ETF Brew Grows Frothy

Investors should tread carefully when it comes to one of the frothiest parts of the market.

Other symbols: SPAK
1 year ago - ETFcom

Are SPACs Losing Fervor? An Inverse ETF in the Making

Tuttle Tactical Management recently filed for an inverse ETF on SPACs.

Other symbols: SPAKSPCESPXZ
1 year ago - Zacks Investment Research

SPACs Are Booming. So Is This Actively Managed Take

So many special purpose acquisition companies (SPACs), so little time. Active management could be the way to go with blank-check companies.

1 year ago - ETF Trends

Navigate the SPAC Minefield with the Actively Managed ‘SPCX'

With more and more special purpose acquisition companies (SPACs) coming to market, the growing asset class can be a minefield for individual investors to navigate. Enter an actively managed fund in the ...

1 year ago - ETF Trends

ETF of the Week: SPAC and New Issue ETF (SPCX)

ETF Trends CEO Tom Lydon discussed the SPAC and New Issue ETF (SPCX) on this week's “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. SPCX is an actively-managed fund that aims to provid...

1 year ago - ETF Trends

A New ETF Strategy for the SPAC Surge

2020 was a lightning rod for financial innovation as a flurry of firms came to market through blank-check structures known as Special Purpose Acquisition Companies (SPACs). In fact, SPACs represented 50...

1 year ago - ETF Trends

Battle Of 3 SPAC ETFs

Choose your flavor of SPAC access: index-based, SPAC-only active or active equal weight.

Other symbols: IPOSPAKSPXZ
1 year ago - ETFcom

SPXZ, SPAK, SPCX: 3 SPAC ETFs Taking Part in Wall Street's Hottest Trend

As SPACs start to captivate Redditors and other day traders, investors should consider these three SPAC ETFs to profit from the leading trend. The post SPXZ, SPAK, SPCX: 3 SPAC ETFs Taking Part in Wall ...

Other symbols: SPAKSPXZ
1 year ago - InvestorPlace

SPACs Looking Spectacular in Actively Managed ETF Wrappers

Special purpose acquisition companies (SPACs) remain all the rage on Wall Street, and that theme is trickling down to the world of exchange traded funds. There are now three SPAC ETFs on the market, all...

1 year ago - ETF Trends