Robinson Alternative Yield Pre-Merger SPAC ETF (NYSEARCA:SPAX – Get Free Report) shares dropped 0% during mid-day trading on Friday . The company traded as low as $20.28 and last traded at $20.28. Approximately 110 shares traded hands during trading, a decline of 97% from the average daily volume of 3,327 shares. The stock had previously closed at $20.29.
Robinson Alternative Yield Pre-Merger SPAC ETF Price Performance
The firm’s 50-day moving average price is $20.28 and its 200-day moving average price is $20.36. The stock has a market cap of $14.20 million, a P/E ratio of 33.99 and a beta of 0.04.
Robinson Alternative Yield Pre-Merger SPAC ETF Company Profile
The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future. SPAX was launched on Jun 22, 2021 and is managed by Robinson.
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