Claris Financial LLC Makes New Investment in Spear Alpha ETF $SPRX

Claris Financial LLC acquired a new stake in shares of Spear Alpha ETF (NASDAQ:SPRX) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 13,402 shares of the company’s stock, valued at approximately $516,000. Claris Financial LLC owned 0.35% of Spear Alpha ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SPRX. Fifth Third Securities Inc. acquired a new stake in shares of Spear Alpha ETF in the fourth quarter worth $949,000. FSA Advisors Inc. lifted its position in Spear Alpha ETF by 21.6% during the fourth quarter. FSA Advisors Inc. now owns 10,852 shares of the company’s stock valued at $418,000 after purchasing an additional 1,931 shares during the period. EverSource Wealth Advisors LLC acquired a new position in Spear Alpha ETF during the fourth quarter valued at $69,000. Finally, Noble Wealth Management PBC purchased a new stake in Spear Alpha ETF in the fourth quarter valued at $38,000.

Spear Alpha ETF Stock Performance

Shares of SPRX opened at $57.93 on Friday. The business’s 50-day moving average is $48.86 and its two-hundred day moving average is $42.74. The company has a market capitalization of $243.31 million, a P/E ratio of 60.13 and a beta of 1.65. Spear Alpha ETF has a fifty-two week low of $27.16 and a fifty-two week high of $59.10.

About Spear Alpha ETF

The Spear Alpha ETF (SPRX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in global thematic companies it believes will benefit from breakthrough innovations in the industrial and technology space. SPRX was launched on Aug 2, 2021 and is managed by Spear.