SPAC ETF Up as SpaceX Heads for SPCX Ticker
SPAC and New Issue ETF ended Wednesday up 0.64% at $22.09, now trading with the ticker SPCK. The move comes as U.S. new listings picked up, giving the thinly-traded fund a gauge on risk sentiment. SpaceX also filed for a roughly $75 billion IPO under the ETF’s old SPCX symbol. The ticker shift draws attention since the fund switched from SPCX to SPCK on April 7. Tuttle Capital at the time said the ticker change didn’t affect the fund’s investment strategy, goal, fees or costs.