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SPRX

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Spear Alpha Etf

28.6
-1.0 (-3.38%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 29.6
Day's Range: 28.27 - 29.425
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When Written:
 
14.3299
Spear Alpha ETF is an exchange-traded fund that seeks to provide investors with exposure to a diversified portfolio of global equity securities. The fund is managed by Spear Invest, a registered investment advisor based in New York City.

The fund uses a quantitative investment strategy that combines artificial intelligence and machine learning algorithms to identify stocks with high potential for growth and positive momentum. The portfolio is rebalanced on a monthly basis to ensure that it remains aligned with the investment strategy.

Spear Alpha ETF trades on the New York Stock Exchange under the ticker symbol "SPAL." The fund has an expense ratio of 0.75%, which is relatively high compared to other ETFs. As of August 2021, the fund had $9.7 million in assets under management.

Investors should carefully consider the risks associated with investing in Spear Alpha ETF, including the potential for losses due to market volatility and the concentration of the portfolio in certain sectors or regions. It is also important to note that past performance is not indicative of future results.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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