(SPRX) Spear Alpha - NASDAQ
ETF Category: Technology | Exchange: NASDAQ (USA) | Market Cap: 229m USD | Total Return: 85.5% in 12m
Avg Turnover: 8.48M
Warnings
Fakeout
Tailwinds
No distinct edge detected
The Spear Alpha ETF (SPRX) is an actively managed, non-diversified fund focused on equity securities and American Depositary Receipts (ADRs) within the industrial technology sector. The fund targets companies positioned to benefit from breakthrough innovations that modernize traditional industrial processes. This investment strategy centers on the convergence of hardware and software, often referred to as Industry 4.0, which integrates automation and data exchange in manufacturing technologies.
The industrial technology sector typically operates on a business-to-business (B2B) model, providing essential infrastructure and specialized equipment that increase operational efficiency for global supply chains. Unlike broad technology funds, SPRX concentrates its capital on a limited number of holdings to capitalize on specific themes such as enterprise digitization and advanced robotics. Investors can evaluate how these specific holdings align with broader market trends by reviewing the detailed analytics available on ValueRay.
- Enterprise AI adoption accelerates demand for high-performance computing hardware
- Industrial automation spending cycles drive revenue for core portfolio holdings
- Cybersecurity infrastructure growth boosts valuation of enterprise software investments
- Rising interest rates increase cost of capital for growth-stage technology firms
- Global supply chain shifts incentivize domestic semiconductor and hardware manufacturing
As of June 11, 2026, the stock is trading at USD 50.35 with a total of 239,118 shares traded.
Over the past week, the price has changed by -12.96%,
over one month by +5.13%,
over three months by +31.35% and
over the past year by +85.45%.
Spear Alpha has no consensus analysts rating.