SPCX: Breaks Through 52-Week High, Attracts Positive Investor Sentiment

ETF EdgeFriday, May 16, 2025 4:04 pm ET
2min read

The SPAC and New Issue ETF (SPCX.P) is an actively-managed fund that aims to provide broad exposure to Special Purpose Acquisition Corporations (SPACs) and newly-listed firms. With an expense ratio of 2.57% and a leverage ratio of 1.0, this equity ETF has attracted attention in the market. On the funding front, SPCX.P saw a net fund flow of approximately $154.12, indicating a positive investor sentiment towards this ETF. The absence of large or block orders suggests that interest is primarily coming from retail investors.



Currently, there are no specific catalysts mentioned that have driven the ETF to reach its new high today.


From a technical perspective, SPCX.P does not indicate any significant trading signals such as golden or dead crosses, nor does it show signs of being overbought or oversold according to RSI metrics. This suggests a stable trend without extreme price movements that could indicate a reversal.


ETF CodeExpense Ratio Leverage RatioAUMCFIT.B0.71000000000000011.0BCLO.O0.449999999999999961.0DABS.P0.389999999999999961.0$49MAFIX.P0.191.0$155MCPLB.P0.350000000000000031.0$278MAPMU.P0.371.0$163MBOXA.B0.19491.0FCBD.P0.89999999999999991.0$2MEVYM.O0.389999999999999961.0BMAX.O1.14000000000000011.0$11M

Investors looking at SPCX.P should weigh the opportunities and challenges. The positive net fund flow reflects ongoing interest, yet the ETF's high expense ratio may deter some investors. Additionally, the lack of significant technical indicators provides a neutral stance for potential investors. Thus, while there are opportunities for gains, one must also be cautious of possible volatility in the SPAC sector.


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