Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) Stock Price Down 0% – Should You Sell?

Shares of Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) were down 0% on Tuesday . The stock traded as low as $90.86 and last traded at $90.8020. Approximately 33 shares changed hands during trading, a decline of 90% from the average daily volume of 329 shares. The stock had previously closed at $90.84.

Horizon Kinetics SPAC Active ETF Trading Down 0.0%

The company has a 50-day moving average of $92.48 and a 200-day moving average of $100.83. The company has a market capitalization of $9.99 million, a price-to-earnings ratio of 62.97 and a beta of -0.03.

Horizon Kinetics SPAC Active ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were paid a $15.1313 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a yield of 1,656.0%.

About Horizon Kinetics SPAC Active ETF

The Horizon Kinetics SPAC Active ETF (SPAQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to globally listed, pre-combination special purpose acquisition companies (SPACs) of any capitalization. SPAQ was launched on Jan 27, 2023 and is managed by Horizon Kinetics.