Robinson Alternative Yield Pre-Merger SPAC ETF (NYSEARCA:SPAX) Trading 0.1% Higher

Robinson Alternative Yield Pre-Merger SPAC ETF (NYSEARCA:SPAX)’s stock price traded up 0.1% on Thursday . The stock traded as high as $20.41 and last traded at $20.41. 326 shares were traded during mid-day trading, a decline of 89% from the average session volume of 2,921 shares. The stock had previously closed at $20.39.

Robinson Alternative Yield Pre-Merger SPAC ETF Stock Up 0.1 %

The company has a market cap of $14.29 million, a PE ratio of 34.05 and a beta of 0.02. The business’s fifty day moving average is $20.33 and its 200-day moving average is $20.70.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Robinson Alternative Yield Pre-Merger SPAC ETF stock. Robinson Capital Management LLC bought a new position in Robinson Alternative Yield Pre-Merger SPAC ETF (NYSEARCA:SPAX) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 14,563 shares of the company’s stock, valued at approximately $312,000. Robinson Capital Management LLC owned 1.24% of Robinson Alternative Yield Pre-Merger SPAC ETF as of its most recent filing with the SEC.

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.