NASDAQ:SPRX

22.63
0.02 (0.09%) 1d
0
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Spear Alpha ETF (SPRX-Q) operates in a highly competitive market, particularly influenced by the success of Cathie Wood's ARKK fund. Its active management strategy, while potentially yielding high returns, may also lead to elevated costs due to frequent trading. Experts have raised concerns about the concentration risks associated with a high-conviction stock selection approach, suggesting that an excessive focus on a limited number of tech stocks may expose investors to greater volatility. For those seeking exposure to technological innovation, experts recommend considering alternative options such as QQQ, which may provide a more stable and diversified approach to tech investments. Overall, investors should weigh the potential rewards against the inherent risks present in such a concentrated ETF.

Consensus
Neutral
Valuation
Fair Value
DON'T BUY

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.

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Spear Alpha ETF(SPRX-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Spear Alpha ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Spear Alpha ETF(SPRX-Q) Frequently Asked Questions

What is Spear Alpha ETF stock symbol?

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

Is Spear Alpha ETF a buy or a sell?

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.

Is Spear Alpha ETF a good investment or a top pick?

Spear Alpha ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Spear Alpha ETF.

Why is Spear Alpha ETF stock dropping?

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.

Is Spear Alpha ETF worth watching?

In the last year, there was no coverage of Spear Alpha ETF published on Stockchase.

What is Spear Alpha ETF stock price?

On 2025-03-25, Spear Alpha ETF (SPRX-Q) stock closed at a price of $22.63.