Spear Alpha ETF (NASDAQ:SPRX) Stock Crosses Above 50-Day Moving Average – Here’s Why

Spear Alpha ETF (NASDAQ:SPRXGet Free Report)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $23.78 and traded as high as $26.87. Spear Alpha ETF shares last traded at $26.32, with a volume of 13,644 shares.

Spear Alpha ETF Stock Down 0.4 %

The firm has a market cap of $56.59 million, a price-to-earnings ratio of 38.40 and a beta of 1.21. The firm has a fifty day moving average price of $23.88 and a 200-day moving average price of $22.91.

Institutional Trading of Spear Alpha ETF

An institutional investor recently bought a new position in Spear Alpha ETF stock. NBC Securities Inc. acquired a new position in shares of Spear Alpha ETF (NASDAQ:SPRXFree Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $45,000. NBC Securities Inc. owned 0.09% of Spear Alpha ETF at the end of the most recent reporting period.

About Spear Alpha ETF

(Get Free Report)

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.

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