This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have noted that Spear Alpha ETF (SPRX-Q) operates in a crowded space due to the success of Cathie Wood's ARKK. The ETF is very active, leading to a higher likelihood of being more expensive. Additionally, there are concentration risks associated with the high-conviction stock selection strategy. The consensus is that a better way to access tech innovation would be through QQQ.
Spear Alpha ETF is a American stock, trading under the symbol SPRX-Q on the NASDAQ (SPRX). It is usually referred to as NASDAQ:SPRX or SPRX-Q
In the last year, 1 stock analyst published opinions about SPRX-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Spear Alpha ETF.
Spear Alpha ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Spear Alpha ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Spear Alpha ETF published on Stockchase.
On 2024-11-20, Spear Alpha ETF (SPRX-Q) stock closed at a price of $24.7.
A crowded space due to success of Cathie Wood's ARKK. Very active, so likely to be more expensive. Can have concentration risks that come from high-conviction stock selection strategy. A better way to get tech innovation would be through QQQ.