Spear Alpha ETF (SPRX)
- Previous Close
22.61 - Open
22.20 - Bid 22.54 x 100
- Ask 22.68 x 100
- Day's Range
22.20 - 22.72 - 52 Week Range
16.31 - 30.42 - Volume
26,614 - Avg. Volume
45,733 - Net Assets 45.46M
- NAV 22.62
- PE Ratio (TTM) 37.09
- Yield 0.00%
- YTD Daily Total Return -16.66%
- Beta (5Y Monthly) 1.38
- Expense Ratio (net) 0.75%
The fund is an actively-managed exchange-traded fund (“ETF”) that will invest primarily in equity securities, including common stock or American depositary receipts (“ADRs”) of companies that Spear Advisors LLC (the “Adviser”) believes are poised to benefit from breakthrough innovation in industrial technology. The Adviser defines “innovation in industrial technology” as those technological developments that are transforming or have the potential to transform the industrial sector. It is non-diversified.
Spear
Fund Family
Technology
Fund Category
45.46M
Net Assets
2021-08-03
Inception Date
Performance Overview: SPRX
View MoreTrailing returns as of 5/5/2025. Category is Technology.
People Also Watch
Holdings: SPRX
View MoreTop 10 Holdings (67.22% of Total Assets)
Sector Weightings
Recent News: SPRX
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Research Reports: SPRX
View MoreArgus Quick Note: Weekly Stock List for 05/05/2025: Familiar Names, New Innovators
Nimble, smart, and staying ahead. Argus has identified six companies that we believe should be added to our Innovation theme model portfolio. These are companies we know well (which we like) and that continue to perform well and demonstrate financial stability and success. Over and over again, they nurture their innovative mindset, responding to market needs and trends, remaining nimble, and adapting to stay ahead. Our team of analysts regularly review and analyze growth trends, business models, and management strategies, and we have 30 stocks in this portfolio. We break the theme into four categories of innovation: First to Market; New Product Specialists; Product and Process Perfectors; and Industry Disruptors. We enjoy throwing ourselves into this theme as we continue to learn about new technologies and discoveries. Below are the six companies recently added to our portfolio. All are rated BUY at Argus. To see the complete list of companies in the portfolio, please see the Theme Portfolios section of the Argus website. Note that these model strategies can be licensed for direct money management.
Gallagher Earnings: Growth Picks Up
Founded in 1927 as a one-person agency, Gallagher’s primary business is insurance brokerage, with a focus on serving middle-market companies. The company’s risk management segment provides third-party claims adjustment to companies that choose to self-insure. Gallagher has about 56,000 employees and generates about a third of its revenue internationally, primarily in Australia, Canada, New Zealand, and the UK
RatingPrice TargetWe Don't See Outsize Tariff Risk for US HVAC Manufacturers With USMCA Exemption
Johnson Controls manufactures, installs, and services commercial HVAC systems, building management platforms and controls, fire and security solutions, and industrial refrigeration units. Commercial HVAC and fire and security each account for approximately 45% of sales, while industrial refrigeration and other solutions account for the remaining 10% of revenue. In fiscal 2024, Johnson Controls generated nearly $23 billion in pro forma revenue.
RatingPrice TargetDaily – Vickers Top Insider Picks for 01/23/2025
The Vickers Top Insider Picks is a daily report that utilizes a proprietary algorithm to identify 25 companies with compelling insider purchase histories based on transactions over the past three months.