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Spear Alpha ETF (SPRX)

NASDAQ Financial Services Asset Management
$52.97 ▼ -3.37%
Market Cap
$118.8M
Sector
Financial Services
Industry
Asset Management
Beta
2.19
52-Wk Range
28.27-59.1
CEO
Country
US
Currency
USD

The Spear Alpha ETF (SPRX) operates as an actively managed exchange-traded fund, primarily allocating its capital to equity securities. This includes both common shares and American Depositary Receipts (ADRs). The investment strategy, guided by Spear Advisors LLC (the Adviser), seeks out companies deemed poised to capitalize on transformative breakthroughs in industrial technology. Specifically, the Adviser defines 'industrial technology innovation' as technological advancements currently reshaping, or possessing the potential to fundamentally reshape, the industrial sector. It is important to…

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